999 Greenwood Avenue NE
Atlanta, GA 30306
0.23 acres | #7626981
Description
The property is sold as a package with 1005 Greenwood Ave. PACKAGE PRICE IS $4,250,000.
Rare Dual-Building Investment in Virginia-Highland – 999 & 1005 Greenwood Avenue NE, Atlanta, GA
An exceptional opportunity to own two adjacent multifamily buildings in the heart of one of Atlanta’s most walkable and desirable neighborhoods. Properties at 999 and 1005 Greenwood Ave are side by side, ideally positioned just blocks from the Atlanta BeltLine, Ponce City Market, Piedmont Park, and the vibrant retail and dining scenes of Virginia-Highland and Inman Park.
Together, these properties feature 14 light-filled units: 11 units 1bed/1bath, 1 unit 3bed/1,5 bath, 1 unit 2bed/1bath, 1 unit 2bed/1,5bath.
Properties have a strong rental history and consistent tenant demand. Thoughtfully updated, both buildings offer solid income and long-term appreciation potential. Prime location near major lifestyle amenities and transit corridors. Stable occupancy with room for rental growth. Modern upgrades. Off-street parking and shared outdoor space. Potential for future redevelopment.
999 Greenwood is a recently renovated and fully furnished building currently operating as an STR. The owner will do a lease-back. Property has 10 off street parking spots.
Whether you're expanding a portfolio, executing a 1031 exchange, or seeking a strategic value-add investment, 999 and 1005 Greenwood Ave present a compelling and flexible acquisition in the heart of Atlanta’s cultural core.
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Av
- SubdivisionVIRGINIA HIGHLAND
- Elementary SchoolSpringdale Park
- Middle SchoolDavid T Howard
- ViewNeighborhood
- Sewer InformationPublic Sewer
- CountyFulton - GA
- Original List Price$3,000,050
- Property TypePurchase
- High SchoolMidtown
- Taxes Annual$38,164
- MLS #7626981
- Cost3000050
- MLS #7626981
- Acres0.2296
- Utility SourcePublic
- Property ConditionResale
- Lot DescriptionLevel
- Parking FeaturesPaved
- Property SubtypeOther
- Year Built1965
- Fence DescriptionWood
Location
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: ELENA VOLKOVA (#VOLKOVA)
Listing Office: HomeSmart (#PHPA02)
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