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Josh Singh

singhrealtyatlanta@gmail.com +1(470) 266-0302

$235,000

Est. payment - /mo

10,802 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Grove Park

MLS Listing ID 7725578

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $5,562

Tax Year 2025

Lot Size 10,802 Sqft

Acres 0.248

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta's rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility—located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow.

Location

State GA

County Fulton

Area Grove Park

Lake Name None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Hardwood, Ceramic Tile

Window Features Double Pane Windows,Insulated Windows

Exterior

Parking Features Paved

Fence Chain Link, Back Yard

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Public Transportation, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Shingle,Composition

Accessibility None

Handicap Access None

Total Parking Spaces 5

Private Pool false

Building

Lot Description Rectangular Lot

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Shingle Siding,Wood Siding

Construction Status Resale

Schools

Elementary Schools Woodson Park Academy

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Fulton - Other

Others

Senior Community no

Tax ID 14 017500160234

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Circumstances Investor Owned

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Listed by Keller Williams Realty Metro Atlanta

NEARBY SCHOOL & BUSINESS

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Josh Singh

+1(470) 266-0302

Broker | License ID: 364876

Broker License ID: 364876

1860 North AVE NW Atlanta, GA 30318

Josh Singh

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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