$334,000
$349,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
537 W Lake AVE NW Atlanta, GA 30318
0.29 Acres Lot
Key Details
Sold Price $334,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Grove Park
MLS Listing ID 10256718
Sold Date 05/10/24
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1935
Annual Tax Amount $3,050
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 12632.4
Property Description
Back on the market due to no fault of the seller. Don't miss out on the income potential of this property and seize the amazing value-add opportunity it presents. Whether you're looking for a savvy house hack or a lucrative cash flow investment, this is your chance to maximize returns. The main building consists of a 2 bedroom 1 bathroom unit on the top and bottom levels. The upstairs unit boasts a bonus room attached to the primary bedroom. The accessory dwelling unit (A D U) in the back of the property features 1 bedroom and 1 bathroom. Each unit is metered separately. The top unit is currently vacant and available for showings through appointment only. The downstairs unit and ADU will be available for showings during due diligence. Currently zoned R-5 allowing for additional structures to be built on property. Property is being sold AS IS.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Central, Electric, Hot Water, Natural Gas
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Off Street
Community Features None
Utilities Available Other
View Y/N No
Garage No
Private Pool No
Building
Faces GPS Friendly
Sewer Septic Tank
Water Public
Structure Type Block,Stucco,Vinyl Siding
New Construction No
Schools
Elementary Schools Woodson
Middle Schools J. L. Invictus Academy
High Schools Douglass
Others
HOA Fee Include None
Tax ID 14 014600020251
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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