Active

2129 Martin Luther King Jr Drive SW

Atlanta GA, 30310

$3,800,000


$129.71 per sqft

Active

29,296 sqft

Commercial

Built in 1960

Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential rent increases in the growing neighborhood. This area is undergoing significant revitalization, offering great upside for investors. **Key Features:** - **36 units** with a mix of 1-bedroom and 2-bedroom floor plans - On-site parking for residents - Laundry facilities on-site - Recently updated common areas and exterior - Proximity to popular areas like West End, Mercedes-Benz Stadium, and Morehouse College - Easy access to I-20 and public transportation - Huge potential for rental income growth in this high-demand area This property is ideal for investors seeking a turn-key rental portfolio or those looking to reposition and add value. Don't miss out on this rare opportunity to own a multi-family asset in one of Atlanta's most dynamic neighborhoods.

7488098

MLS ID

November 15, 2024

Listed

November 21, 2024

Updated

Map

2129 Martin Luther King Jr Drive SW
Atlanta GA, 30310

Interior Features

Total Stories

2


Interior Features

Other


Floor Description

Laminate, Other


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Electric, Other

Exterior/Building Features

Lot Size

1.27 Acres


Lot Features

Level, Private


Roof

Other


Sewer

Public Sewer, Other

Other Property Details

Taxes

$54,113


Tax Frequency

Annually


Days on Market

4


Garage

No


Parking

Parking Lot


Parking Total

0


View

Yes


View Description

Other


County

Fulton - GA


Water Source

Public


Pool

No


Zoning

Res

Green Building Features

Green Features

None

Listed by Allison Ambrose with ARG Realty & Property Management 866-919-5253

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Data last updated 10:22 PM UTC, 11/21/2024

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