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$3,000,000
8 Days Online

294 Penelope Drive NW
Atlanta, GA 30314

For Sale|Other|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1969
Built
Subdivision:
Penelope Neighbors
County:
Fulton

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Call Now: 404-797-1157
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404-797-1157
294 Penelope Drive NW294 Penelope Drive NW294 Penelope Drive NW294 Penelope Drive NW
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Solid 20-unit multifamily investment opportunity close to transportation and shopping. One block from West Lake Marta station, two blocks to I-20. All apartments are 2 bed 1 bath and there is ALWAYS an abundance of ready, willing, and able tenants. Current owners have replaced more than half of the HVAC systems and twelve of the homes have been updated in last 3 years. 4 sides brick is easy to maintain. Plenty of off-street parking. This gem is 6 min to the Westside Reservoir Park, 9 min to Mercedes-Benz Stadium, 6 min to Lee+White/Westside Beltline, 13 min to Hartsfield-Jackson Atlanta Aiport (or just 11 train stops). The possibilities are endless with this one - buy and hold in it's current state while the surrounding neighborhood continues to appreciate, do some light renovations to command higher rents, or complete an entire overhaul and really max out on your cashflows!

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Listing Snapshot
Price 
$3,000,000
Days Online 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.13 Acres
Year Built 
1969
MLS Number 
7118632
Status 
Pending
Property Tax 
$16,586
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
4 days agoStatus changed to Pending
a week agoListing first seen online
General Features
Construction 
Brick 4 Sides
Lot 
Corner Lot
Parking 
Parking LotPaved
Sewer 
Public Sewer
Special Circumstances 
None
Owner Financing 
No
Property Condition 
Resale
View 
CityTrees/Woods
Green Energy Efficient 
None
Green Energy Generation 
None
Stories 
Two
Interior Features
Cooling 
Central Air
Flooring 
CarpetVinyl
Heating 
Central
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Exterior Features
Lot Features 
Corner Lot
Fencing 
Chain Link
Roof 
Shingle
View 
CityTrees/Woods
Parking Features 
Parking LotPaved
Waterfront Features 
None
Community Features
Dock 
None
Community Amenities 
None
Accessibility Features 
None
Security Features 
None
Water 
Public
Schools
School District
Unknown
Elementary School
Woodson Park Academy
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Provided Courtesy Of: Tyler Russell of Engel & Volkers Atlanta

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Neighborhood & Commute
Source: Walkscore
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