678 Moreland Avenue
- Newly gut renovated 10-unit apartment building in the popular Poncey-Highland neighborhood
- 10 spacious new units consisting of 1, 2 and 3 bedroom units
- Includes extra land that could potentially be built on to create more units
- New windows, doors, mechanicals, electric and plumbing
- All units have in-unit laundry
- Extra Storage area in basement
- Walking distance to Freedom Park with easy access to Ponce City Market and the Atlanta Beltline
- Steps from Little Five Points, Inman Park and Virginia Highlands
- Poncey-Highland SA-4 https://shorturl.at/GPLiF
- $142,935 Average household income within 1 mile
Property Description
Rare Opportunity to own this stunning, newly gut renovated 1950’s vintage 10-unit apartment building in the flourishing neighborhood of Poncey Highland. The current owner brought the building down to the brick shell and reframed the interior to include all new interiors, new wiring, plumbing, HVAC, etc. These new spacious units include beautiful contemporary finishes including white cabinetry, granite countertops, stainless appliances and more. All units have inunit laundry, and some have eat-in kitchens and/or separate sunrooms with plenty of natural light. Situated on just shy of a half-acre site, the property feels like two separate lots with plenty of extra land that could be potentially developed with additional apartments. Poncey Highland is one of the most sought-after neighborhoods in Atlanta due to its location between Virginia Highland, Inman Park and Old Fourth Ward. Residents will enjoy being just two blocks away from all of the popular restaurants, bars and shops on North Highland Avenue in Virginia Highlands. Residents are also just steps from Little Five Points and can take Freedom Park to access Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. With such easy access to all of these intown areas, residents can truly enjoy the best of intown living.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,200,000 |
| No. of Units: | 10 |
| Lot Size: | 0.45 Acres |
| Opportunity Zone: | No |
| Price per unit: | $320,000 |
| Property Website | Click Here |
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