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0.31 Acres Lot
0.31 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Grove Park
MLS Listing ID 7538492
Construction Status Fixer
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1930
Annual Tax Amount $1,230
Tax Year 2022
Lot Size 0.309 Acres
Acres 0.309
Property Sub-Type Other
Property Description
Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential—renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot.
The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value.
This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants.
Grove Park is undergoing major revitalization—don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow.
Schedule your tour today and bring your vision!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Natural Gas
Cooling Central Air
Flooring Hardwood
Window Features Wood Frames
Exterior
Parking Features Paved
Fence Front Yard
Community Features None
Utilities Available Other
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
New Construction No
Construction Status Fixer
Schools
Elementary Schools Woodson Park Academy
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 014500050143
Acceptable Financing Assumable Vendor Lien, Cash, Conventional, FHA, FHA 203(k)
Listing Terms Assumable Vendor Lien, Cash, Conventional, FHA, FHA 203(k)
Special Listing Condition None
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