1685 Richmond Avenue SE

Atlanta, GA 30315 View Map $459,900 Schedule a Tour
Acres0.21
Year1940
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Keen Team

(404) 270-9374
 
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Status: Active
Property Type:Quadraplex
MLS #:7362097
On Site:111 Days
Lot Size:0.21 Acres
County:Fulton
Showing is available only after the property is being under contract during in the Due Diligence period. 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.
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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/18/2024$449,900$479,9006.7%
6/10/2024$479,900$469,900-2.1%
6/20/2024$469,900$467,900-0.4%
6/24/2024$467,900$459,900-1.7%

Community Information

Address:1685 Richmond Avenue SE, Atlanta, GA 30315
County:Fulton
City:Atlanta
Neighborhood:Lakewood Heights
Zip Code:30315

School Information

High School:G.W. Carver
Middle School:Judson Price
Elementary School:Thomas Heathe Slater

Architecture

Year Built:1940
Stories:Two
Construction Materials: Frame, HardiPlank Type
Roof: Shingle

Features / Amenities

Flooring: Ceramic Tile, Hardwood
Accessibility Features: Accessible Approach with Ramp, Accessible Closets, Common Area, Customized Wheelchair Accessible, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
Green Energy Efficient: Appliances, HVAC
Security Features: Carbon Monoxide Detector(s)
Window: Double Pane Windows, Wood Frames
Parking Spaces: 5
Cooling: Central Air, Electric
Heating: Electric, Heat Pump

Property Features

Lot Size: 0.21 Acres
Lot Dimensions:60x146X60X146
Lot Features: Private
View: City
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Private
Fencing: Fenced
Directions:Use GPS

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $3,782
Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Buyer Agency Compensation: 3%

Listing Office

Listing provided courtesy of Worth Clark Inc..

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1685 Richmond Avenue SE Atlanta,  GA 30315
GO SEE THIS LISTING
1685 Richmond Avenue SE Atlanta, GA 30315
 
ASAP
Mon
22
Jul
Tue
23
Jul
Wed
24
Jul
Thu
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Jul
Fri
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Jul
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Jul
Sun
28
Jul
Choose Your Date -- It's Free, Cancel Anytime
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The property at 1685 Richmond Avenue SE with the MLS Number 7362097 is a  bedroom  bath quadraplex for sale priced at $459,900. The floor plan measures roughly  square feet and sits on a 0.21 acre lot in the Lakewood Heights neighborhood of Atlanta, GA.
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Listing information last updated on July 21, 2024 at 6:00 AM EST.