969 Palmetto AVE SW, Atlanta, GA 30314
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969 Palmetto AVE SW, Atlanta, GA 30314
969 Palmetto AVE SW, Atlanta, GA 30314
969 Palmetto AVE SW, Atlanta, GA 30314
969 Palmetto AVE SW, Atlanta, GA 30314
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Justin Lee

Justin Lee

+1(678) 488-8650
$ 599,990
Est. payment /mo
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Active

969 Palmetto AVE SW Atlanta, GA 30314

5,000 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Ashview Heights

MLS Listing ID 7715908

Construction Status Resale

HOA Y/N No

Year Built 2003

Annual Tax Amount $8,203

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

Location

State GA

County Fulton

Area Ashview Heights

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Insulated Windows

Exterior

Parking Features Driveway, Level Driveway

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Other

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Construction Status Resale

Schools

Elementary Schools M. A. Jones

Middle Schools Herman J. Russell West End Academy

High Schools Booker T. Washington

Others

Senior Community no

Tax ID 14 011600050098

First Multiple Listing Service(FMLS)
Listed by Fleur De Lee Realty, LLC
Justin Lee

Justin Lee

Broker

+1(678) 488-8650

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969 Palmetto AVE SW