963 St Charles Avenue Northeast

Atlanta, GA 30306

$1,300,000
Price
6
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a...This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a new roof installed in February 2021 and all appliances in Units 1 and 3 replaced in 2021. Units 2 and 4 come fully furnished, making them turnkey for short-term rental use. Additionally, the property offers shared laundry facilities, two parking spaces behind the house with alley access, and additional parking in the front driveway. The location is unbeatable, with easy access to the Beltline, Virginia Highland Village, and key grocery stores like Publix, Whole Foods, and Trader Joe's. With a combination of long-term and short-term rentals, this property is a great opportunity for steady cash flow and long-term investment in a highly sought-after area.
  1. Listed by Ashley Bynum • Ansley Real Estate| Christie's International Real Estate • 404-423-8025

Property Details for 963 St Charles Avenue Northeast

Subdivision Complex
Virginia Highland
Num Of Parking Spaces
2
Parking Features
Driveway, Varies by Unit
Property Attached
No
Waterfront Features
None
Furnished
Furnished
LISTING UPDATED: 12/10/2024 01:06 PM

Property Details for 963 St Charles Avenue Northeast

StatusActive
MLS #7481853
Days on Market54
Taxes$11,348 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1920
Lot Size0.21 AC / 8,999 SF
CountyFulton County

Building Information for 963 St Charles Avenue Northeast

Stories2Residences4Year Built1920Building Size-Lot Size0.21 AC / 8,999 SF

Property Information for 963 St Charles Avenue Northeast

Summary
Location and General Information
  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks, Street Lights
  • Directions: GPS please park on the Street.
  • Lake Name: None
  • View: City
  • Coordinates: -84.35592, 33.775079
Taxes and HOA Information
  • Parcel Number: 14 001600070170
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: See Legal attached
School Information
  • School Bus Route Elem: No
  • School Bus Route High: No
  • School Bus Route Middle: Yes
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Multi Units, Wall Unit(s)
  • Heating: Central, Forced Air, Natural Gas
  • Flooring: Ceramic Tile, Hardwood
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 3 Sides, Frame
  • Dock: None
  • Fencing: Back Yard, Fenced
  • Roof Type: Ridge Vents, Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Conventional
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level, Private
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $122,000.00
  • N.O.I. $: $98,684.00
  • Annual Expenses: $23,316.00
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: Yes
  • Unit Features: Central Air, Dishwasher, Fire Place, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Smoke Alarm, Walk-In Closet, Window Units
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Avail 3-6 Months
  • Unit Water Included: Yes
  • Unit Rent Amount: $2,500.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 2
  • Unit Deposit Amount: $2,600.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Dryer, Furnished, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Smoke Alarm, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Other
  • Unit Water Included: Yes
  • Unit Rent Amount: $2,600.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $.00
  • Unit Electric Included: Yes
  • Unit Features: Central Air, Dishwasher, Hardwood Floors, Microwave, Range/Oven, Refrigerator
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Avail In 1-3 Mon
  • Unit Water Included: Yes
  • Unit Rent Amount: $3,400.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $1,350.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Furnished, Hardwood Floors, Microwave, Patio, Range/Oven, Refrigerator, Walk-In Closet
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Other
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,675.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 963 St Charles Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 963 St Charles Avenue Northeast

Taxable ValueLand$147,080Additions-Total$147,080
Home Facts
Baths3Total Finished SqFt2,956 SqFtAbove Grade Finished SqFt2,956 SqFtStories1Lot Size8,973 SqFtStyleQuadraplexYear Built1920Year Renovated1990ZoningRG2CountyFULTONAPN14 001600070170

Schools near 963 St Charles Avenue Northeast

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 - PK to 5
Rating
School
Distance
Virginia-Highland Elementary School
PublicPK to 5

David T Howard Middle School
Public6 to 8

Midtown High School
Public9 to 12

Virginia-Highland Elementary school
PublicPK to 5

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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963 St Charles Avenue Northeast is a multi-family home for sale in Atlanta, GA 30306. This property was listed for sale on November 5, 2024 by Ansley Real Estate| Christie's International Real Estate, it's currently listed at $1,300,000. It has been on the market for a total of 54 days and was last sold on January 28, 2021. This listing's school district is Atlanta Public Schools. Nearby schools include Virginia-Highland Elementary School, David T Howard Middle School and Midtown High School. 963 St Charles Avenue Northeast is a 6-bed, 4-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ansley Real Estate| Christie's International Real Estate, Ashley Bynum

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.