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$1,685,000
314 5th Street NE, Atlanta, GA 30308Listing ID 7819403

314 5th Street NE, Atlanta, GA 30308

Active
Midtown
Time on site: 1 days • Last updated: 13 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Acres
Acres
0.13
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1920
Parking
Parking
Driveway

Rare opportunity to purchase this recently renovated 8-unit apartment building in the heart of Midtown. The property is 100% leased with Atlanta Housing Authority tenants providing stable direct deposit monthly income with easy management at an attractive 7% cap rate. Long term tenants with some in place for up to 3-5 years. Property was recently renovated in 2021 to include all new kitchens, baths, in-unit laundry, flooring, lighting and more. Great location within walking distance to downtown Midtown, Piedmont Park and the Eastside Beltline Trail.

Property Information

Property Details

Location

Address
314 5th Street NE
County
Fulton - GA
City
Atlanta
Zip Code
30308
Subdivision
Midtown
High School
Midtown
Elementary School
Virginia-Highland
Bull Realty, Inc., (404) 876-1640

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Central

Building

Building Information

Year Built
1920
Construction
Brick
Roof
Shingle
Condition
Updated/Remodeled

Property Taxes

Tax Annual Amount
$23,249
Tax Year
2025
Source: First Multiple Listing Service
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LUNDSBER • WESSM