Homes for sale - 1181 Garibaldi ST SW, Atlanta, GA 30310

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Sacha Spicer

contact@soldbysacha.com +1(980) 382-0680

Listed by Marc Brenner • eXp Realty

$ 699,000

Est. payment | -/mo

5,009 Sqft Lot

Save

$ 699,000

Est. payment | -/mo

Save

5,009 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Pittsburgh

MLS Listing ID 10404045

Construction Status Resale

HOA Y/N No

Year Built 1945

Annual Tax Amount $6,695

Tax Year 2023

Lot Size 5,009 Sqft

Property 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 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. .

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Other

Cooling Window Unit(s)

Exterior

Parking Features Off Street

Community Features Walk To Public Transit, Walk To Schools, Walk To Shopping

Utilities Available Electricity Individual Meters

Building

Story Two

Sewer Public Sewer

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Gideons

Middle Schools Sylvan Hills

High Schools Carver

Others

Special Listing Condition Investor Owned

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(980) 382-0680

contact@soldbysacha.com

800 Battery Ave SE Ste. 100, Atlanta, GA, 30339, USA

1181 Garibaldi ST SW Atlanta, GA 30310