594 Parsons Street SW
Property Description
Investor Opportunity in the Heart of Atlanta! Whether you're looking to expand your rental portfolio, explore redevelopment potential, or capitalize on the continued growth surrounding Downtown Atlanta and the BeltLine, this 3-Bedroom, 2.5-Bath Traditional offers an exciting opportunity in a rapidly evolving location. Currently Tenant-Occupied and generating $2,400 per month in rental income, with annual 3% rent increases, the property provides immediate income from day one. Investors can continue operating it as an existing rental while exploring future value-add opportunities, including potential redevelopment or a pad split. A Newer Water Heater adds to the property's appeal. The location is the real standout just minutes from Mercedes-Benz Stadium, State Farm Arena, Center Parc Stadium, Centennial Yards, Castleberry Hill, Pittsburgh Yards, Lee + White, the Southside BeltLine, Downtown Atlanta, and MARTA. With major investment and development continuing throughout the surrounding area, this is an opportunity to secure an income-producing property in the path of Atlanta's growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $365,000 |
| No. of Units: | 1 |
| Year Built: | 2007 |
| Opportunity Zone: | No |
| Price per unit: | $365,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FMLSGA-7820798
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