100% Occupied | 6-Unit Multifamily Opportunity | Prime Midtown Location Near Piedmont Park

360 5th Street NE Atlanta, GA 30308

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,550,000
Last Verified:
Oct 20, 2020

Highlights

  • Spacious 6-unit apartment building with a mix of 1 & 2 bedroom units
  • (4) large 2 BR / 2 BA and (2) large 1 BR / 1 BA units
  • Strong 100% occupancy rate
  • All units have central HVAC
  • All units are separately metered for electric & gas
  • All units have eat-in kitchens/dining area
  • All units have washers and dryers
  • Potential owner financing for qualified purchasers
  • Located in Midtown Atlanta, GA
  • Surrounding area includes Midtown, Virginia-Highlands and Old Fourth Ward
  • Less than a 10 minute walk to Ponce City Market, Atlanta BeltLine and Piedmont Park
  • Located less than one mile from the Marta Station
  • Close proximity to I-85, Downtown Atlanta and Midtown
  • Immediate area are numerous restaurants, retailers and entertainment options including Ponce City Market, Atlanta Beltline, and Little Five Points

Description

360 5th Street NE is a spacious 6-unit apartment building located within walking distance to Ponce City Market, Atlanta Beltline, Marta Station and Piedmont Park. The property consists of (4) large 2 BR / 2 BA and (2) large 1 BR / 1 BA units and has a strong 100% occupancy rate.

360 5th Street NE was constructed in 1920 and features several of the familiar charm and characteristics of properties built in this era. Tenants enjoy both on-street and rear parking as well as on-site laundry and eat-in kitchens/dining areas.

Surrounding area includes Midtown, Virginia-Highlands and Old Fourth Ward and in the immediate area are numerous restaurants, retailers and entertainment options. Prime location in Midtown offers proximity to I-85 and Downtown Atlanta.

TBD

Building Size: 7352.0sq ft
Lot Size: 0.13 acres

Map of 360 5th Street NE, Atlanta, GA, 30308

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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