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   17
For Sale property id: 73091308
USD 825,000
134 Peachtree Hills Avenue NE, Atlanta, Georgia, United States
  • 4 bedrooms
  • 4 bathrooms
  • 150.78163392 m²
  • Land Size
    647.497027584 m²
  • Completion Year
    1920
  • Parking Spots
    4

Description

Fantastic investor opportunity awaits with this rare, fully furnished, multifamily gem nestled in the highly sought-after Peachtree Hills neighborhood! This triplex, coupled with a bonus studio apartment situated above the garage, presents an ideal chance to generate passive income while accruing equity in the coveted Buckhead locale. Tailored for investor buyers seeking to capitalize on lucrative rental prospects, this property offers three side-by-side units in the main house, each boasting one bedroom, one full bath, and fully equipped kitchens. Unit One has its own washer/dryer while Units Two-Four share the washer/dryer located in the garage outbuilding. Unit Four, a carriage house studio unit equipped with its own kitchen, full bath, and laundry facilities below, adds to the income potential, commanding a total long term rental income of $6,000/month across all Four units. Property has had incredible success as a furnished short or mid-term rental for travel nurses at Piedmont and Emory, students at area universities, or temporary employee housing, with potential of $8,000+ per month. This property's 1,623 total square feet includes three units in the main building (Unit One is 650 square feet, Unit Two is 364 square feet, Unit Three is 321 square feet, and Unit Four / Carriage House is 288 square feet. Beyond its rental appeal, this property features a spacious backyard with ample room for parking, enhancing its attractiveness to both tenants and investors. Positioned in close proximity to an array of amenities such as restaurants, shopping centers, schools, interstates, the future Peachtree Hills Beltline entrance, parks, and more. Whether you're a seasoned developer or a savvy investor looking to expand your portfolio, this property offers limitless potential. From unit consolidation and remodeling to new construction, the possibilities abound. Don't miss out on this prime investment opportunity in one of Atlanta's most desirable neighborhoods.

Property Features

interior

  • Bathrooms
    • • Bath
    • • Shower

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