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