$1,050,000

758 Saint Charles Avenue NE, Atlanta, GA 30306

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon9,496sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 4 units are currently rented and 2 units have new tenants moving in at higher rent prices. Updated gross monthly income starting 8/1 is $7140/month ($85,680/yr). Projected gross monthly income when 3 current lease terms have been renewed at current market rate is $7465 ($89,580/yr) Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and accounts are in tenants' names and paid by tenants. One water meter for the building and tenants pay a flat monthly water fee on top of rent (included in gross income calculation and future projections). Seller recently replaced water line and sewer main and repaired concrete walkways. Showings of occupied units will only be scheduled during due diligence after an offer is accepted. There is one vacant unit that can be shown by appointment before 7/25 and another unit that can be shown before 8/1. Please do not disturb tenants.

Listing Status:
Active
Date Added:
June 12, 2025 at 05:00AM
Listing Office:
Realty Associates of Atlanta : 404-235-8900
Listing Agent:
Branagan Dunn : 404-893-9080
MLS ID:
10542152
  • Laundry: In Unit
  • Basement: None
  • A/C: ElectricOther
  • Heating: Electric
  • Fireplace: Fireplaces: 0

This listing courtesy of Branagan Dunn, Realty Associates of Atlanta

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Springdale Park Elementary School

1246 Ponce De Leon Ave NE, Atlanta, GA, 30306

Grades KG-5

0.92 miles away

K

Kindezi Old 4th Ward

386 Pine St NE, Atlanta, GA, 30308

Grades KG-8

0.87 miles away

M

Midtown High School

929 Charles Allen Dr NE, Atlanta, GA, 30309

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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