1181 Garibaldi Street Southwest
$699,000
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Description
Please read the following in full before calling listing agent. We receive multiple calls with the same questions everyday. PLEASE DO NOT CALL TO ASK QUESTIONS ANSWERED IN THE LISTING: Active = available. All units currently vacant. Every unit will need to be renovated. Reason for selling: seller is liquidating portfolio. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater, no central air. Units are roughly 400 sq ft each. No onsite parking is included...Please read the following in full before calling listing agent. We receive multiple calls with the same questions everyday. PLEASE DO NOT CALL TO ASK QUESTIONS ANSWERED IN THE LISTING: Active = available. All units currently vacant. Every unit will need to be renovated. Reason for selling: seller is liquidating portfolio. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater, no central air. Units are roughly 400 sq ft each. No onsite parking is included in this parcel. There is plenty of street parking. Adjacent lot is available for purchase from a different owner. Plumbing / electrical would likely need to be brought up to code. Building has a special use exemption for commercial apartment building zoning & therefore the structure cannot be modified in any way (can't build vertical). Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion of any capital gains taxes. This is also a Beltline neighborhood with multiple large developments currently underway in the immediate area including the new food hall, Switchman Hall. Current average rent for a 1 bedroom unit in the area is $1491 however, if approved for Section 8 rentals, the maximum payment standard is $1850 for a 1/1 unit. .
- Listed by Marc Brenner • EXP Realty, LLC.
Property Details for 1181 Garibaldi Street Southwest
Subdivision Complex
Pittsburgh
Parking FeaturesNone
Property AttachedNo
Waterfront FeaturesNone
LISTING UPDATED: 10/31/2024 12:56 PM
Property Details for 1181 Garibaldi Street Southwest
Status | Active |
---|---|
MLS # | 7477190 |
Days on Market | 27 |
Taxes | $6,695 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 1945 |
Lot Size | 0.11 AC / 5,000 SF |
County | Fulton County |
Building Information for 1181 Garibaldi Street Southwest
Stories2Residences10Year Built1945Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 1181 Garibaldi Street Southwest
Property History for 1181 Garibaldi Street Southwest
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1181 Garibaldi Street Southwest
Taxable ValueLand$60,000Additions$95,880Total$155,880
Home Facts
Baths1Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories1Lot Size4,966 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningR5CountyFULTONAPN14 008700092152
Schools near 1181 Garibaldi Street Southwest
This home is within Atlanta Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gideons Elementary School PublicPK to 5 | ||
Sylvan Hills Middle School Public6 to 8 | ||
Early College High School At Carver Public9 to 12 | ||
Carver High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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