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1685 Richmond Avenue Se, Atlanta, GA – $449,000

  • $449k Price
  • .21 Acres
  • 38 DOM
  • $449k Price
  • .21 Acres
  • 38 DOM

1685 Richmond Avenue Se

Showing is scheduled for Saturday April 6th 12pm-4pm. Don't miss out on this exceptional opportunity for savvy investors! Nestled in the heart of Atlanta, this QUADRAPLEX offers a rare chance to own a piece of history at an irresistible price. Situated in an up-and-coming neighborhood, this historical stylish building is surrounded by new developments and revitalization efforts. All four units are currently occupied by reliable, long-term tenants, offering a steady stream of income. Despite the prime location, rents are currently well below market value, presenting an ample opportunity for increased profitability. Three out of the four apartments have been recently renovated within the last two years, showcasing modern upgrades and ensuring tenant satisfaction. Additionally, the building has been well maintained, providing peace of mind to prospective investors. Due to the privacy of the tenants, please refrain from disturbing the tenants. Financing options are available, subject to the existing loan with a balance of $268,000 and an interest rate of 5.750%. Disclosure, listing agent is the owner. Take advantage of this unique opportunity to invest in Atlanta's thriving real estate market. Contact the listing agent/owner today for further details.

Essential Information

  • MLS® #10274938
  • Price$449,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1940
  • TypeResidential Income
  • StatusActive Under Contract

Community Information

  • Address1685 Richmond Avenue Se
  • SubdivisionLakewood Heights
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30315

Amenities

  • UtilitiesElectricity Individual Meters
  • ParkingOff Street, Parking Pad

Interior

  • HeatingCentral, Electric, Heat Pump
  • FireplaceYes
  • # of Fireplaces4
  • StoriesTwo

Cooling

Central Air, Electric, Heat Pump

Exterior

  • ConstructionBlock, Other

School Information

  • ElementarySlater
  • MiddlePrice
  • HighCarver

Additional Information

  • Days on Market38

Listing Details

  • Listing Provided Courtesy Of Worth Clark Realty
  • Office Info4044909268
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Price Change History for 1685 Richmond Avenue Se, Atlanta, GA (MLS® #10274938)

Date Details Change
Status Changed from New to Active Under Contract

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Listing information last updated on May 12th, 2024 at 4:00am EDT.