800 NE Myrtle Street NE
Property Description
BACK ON MARKET-NO FAULT OF SELLER! Recent appraisal. Strong rental income with the potential for an approximately 7% cap rate. 800 Myrtle | Rare Midtown Fourplex | Fully Renovated - Income Producing - Turnkey| Nestled in the heart of Historic Midtown Atlanta, 800 Myrtle presents a rare opportunity to acquire a beautifully renovated fourplex in one of the city's most sought-after and supply-constrained neighborhoods. Combining historic character with more than $200,000 in recent capital improvements, the property offers investors a turnkey, income-producing asset with immediate cash flow and long-term appreciation potential. Over the past three years, ownership has completed an extensive renovation and enhancement program focused on preserving the property's architectural integrity while modernizing the systems, interiors, and resident experience. These improvements help minimize near-term capital expenditures while positioning the property for continued tenant demand in one of Atlanta's strongest rental markets. Every detail has been carefully considered, creating an asset that is not only visually appealing, but also efficient, reliable, and designed for long-term ownership. Capital Improvement Highlights - Comprehensive interior renovations throughout all units - HVAC and electrical upgrades designed for long-term performance - Enhanced interiors featuring hardwood flooring, updated fixtures, and modern finishes - Renovated kitchens and updated appliances - Ongoing preservation and maintenance initiatives protecting long-term asset value Fully renovated and meticulously maintained, 800 Myrtle offers investors multiple income-generation strategies, including traditional long-term rentals, furnished executive housing, medium-term rentals, co-living arrangements, and other flexible housing opportunities. More than a historic property, 800 Myrtle is a rare Midtown multifamily asset positioned to deliver immediate income, operational stability, and long-term value in one of Atlanta's most desirable urban neighborhoods. Historic Character. Modern Income. Enduring Value.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,450,000 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FMLSGA-7791820
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