2129 Martin Luther King Junior Drive Southwest
$3,800,000
—
29,296
29,296
$130
Description
Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential...Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential rent increases in the growing neighborhood. This area is undergoing significant revitalization, offering great upside for investors. Key Features: This is a special delimiter sentence. This is a special delimiter sentence - 36 units with a mix of 1-bedroom and 2-bedroom floor plans - On-site parking for residents - Laundry facilities on-site - Recently updated common areas and exterior - Proximity to popular areas like West End, Mercedes-Benz Stadium, and Morehouse College - Easy access to I-20 and public transportation - Huge potential for rental income growth in this high-demand area This property is ideal for investors seeking a turn-key rental portfolio or those looking to reposition and add value. Don't miss out on this rare opportunity to own a multi-family asset in one of Atlanta's most dynamic neighborhoods.
- Listed by Allison Ambrose • ARG Realty & Property Management
Property Details for 2129 Martin Luther King Junior Drive Southwest
Num Of Parking Spaces
0
Parking FeaturesParking Lot
Property AttachedNo
Waterfront FeaturesNone
LISTING UPDATED: 11/19/2024 08:40 PM
Property Details for 2129 Martin Luther King Junior Drive Southwest
Status | Active |
---|---|
MLS # | 7488098 |
Days on Market | 36 |
Taxes | $54,113 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1960 |
Lot Size | 1.27 AC / 55,321 SF |
County | Fulton County |
Building Information for 2129 Martin Luther King Junior Drive Southwest
Stories2Residences-Year Built1960Lot Size1.27 AC / 55,321 SF
Property Information for 2129 Martin Luther King Junior Drive Southwest
Property History for 2129 Martin Luther King Junior Drive 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 2129 Martin Luther King Junior Drive Southwest
Taxable ValueLand$144,000Additions$1,177,760Total$1,321,760
Tax Record2022$54,721 ($4,560 / month)
Home Facts
Baths4Total Finished SqFt11,872 SqFtAbove Grade Finished SqFt11,872 SqFtStories1Lot Size55,452 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningRG3CountyFULTONAPN14 018000120249
Schools near 2129 Martin Luther King Junior Drive 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 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Peyton Forest Elementary School PublicPK to 5 | ||
Young Middle School Public6 to 8 | ||
Mays High School Public9 to 12 | ||
KIPP Atlanta Collegiate Charter9 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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