550 Joseph E Lowery Boulevard NW Atlanta, GA ^$ 1,250,000

550 Joseph E Lowery Boulevard NW

^$ 1,250,000

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550 Joseph E Lowery Boulevard NW

Atlanta, GA, 30314

^$ 1,250,000

Bedrooms7 Baths7.0

Monthly Estimate*

^$ 8,308

550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314 - Image 1

550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314 - Image 2

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550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314 - Image 9

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Multi-Family Home for sale in Atlanta, GA

for $1,250,000 with 7 bedrooms and 7 full baths. This home was built in 1960 on a lot size of 0.396.

7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts. The 7th unit has been recently vacated. Each unit - 2bd, 1 bath. Central Air & Heat. Total electric. This Apartment Building sits in English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertaining districts being developed in the general area. This property has lots of potential to be a true revenue generator with a reasonable rehab investment.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,027

Style

Lot Size

0.396

Year Built

1960

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7319469

Features

General

Sewer Public Sewer

Heating Electric Forced Air

Cooling Central Air Electric

Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available

Possession Subject To Tenant Rights

Roof Composition Shingle Tar/Gravel

Security Features Carbon Monoxide Detector(s)

Construction Materials Brick 4 Sides

Year Built 1960

View Other

Levels Two

Property SubType Other

Tax Year 2023

Waterfront Features N

Community Features None

Accessibility None

County Fulton - GA

Property Type Residential Income

HOA / Comm Assn No

Energy Efficient None

Subdivision Name Subdivision/Er Elliott Prop

Green Energy Generation None

Status Active

Directions Please Use GPS

High School Booker T. Washington

City Atlanta

Body of Water None

NumberOfUnitsTotal 7

Street Name Joseph E Lowery

Elementary School M. A. Jones

Property Attached Y/N No

Tax Annual Amount 7027

Home Warranty Y/N No

Middle/Junior High School Fulton - Other

Property Condition Resale

Days on Market 123

Standard Status Active

Occupancy Type Tenant

Tax Lot 6

Legal Description See Public Record

Exterior

Fencing Back Yard Chain Link Fenced Wood

Parking Features Parking Lot Paved

Lot Features Level

Water Source Public

Total Parking 7

Lot Dimensions x

Lot Size Acres 0.396

Lot Size Source Public Records

Interior

Window Features Double Pane Windows Wood Frames

Street Suffix Boulevard

Total Baths 0

Internal Only

Street Number 1 550

* Excluded Features

List By

Lawrence Leslie

Listing Agent

Homesmart Realty Partners

Broker

lonleslie@gmail.com

Affordability Calculator

$8,893

Per Month

Monthly Principal & Interest: $8,308
Monthly Property Taxes: $586
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Atlanta, GA

Average List Price ^$736,841

Percent of Sale Price 41%

About Atlanta, GA

478,204 Population

15% Since 2002

^$55,840 Median Income

35.72 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1926990 Elementary School

1927538 Middle School

Booker T. Washington High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$1,250,000	-13.79%	Price Down
1/4/2024	$1,450,000		Listed Price

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550 Joseph E Lowery Boulevard NW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.396. 550 Joseph E Lowery Boulevard NW has 7 bedrooms, 7.0 baths, and was built in 1960. The property's zip code is 30314 which is in Atlanta, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Market Pricing and get the Facts about - are provided by On-Board Data Systems

Techinical Entity for providing IDX functionality is Weichert Lead Network - wlnhelp@wlninc.com

Data is updated as of 6/9/2024.

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550 Joseph E Lowery Boulevard NW

Multi-Family Home for sale in Atlanta, GA

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