Homes for sale - 2129 Martin Luther King Jr DR SW, Atlanta, GA 3031...

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$3,800,000

Est. payment - /mo

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29,296 SqFt

Active

2129 Martin Luther King Jr DR SW Atlanta, GA 30310

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Terence Richardson

terence@richardsonrealestategroup.com +1(678) 785-5275

UPDATED:

11/20/2024 01:43 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 29,296 sqft

Price per Sqft $129

MLS Listing ID 7488098

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1960

Annual Tax Amount $54,113

Tax Year 2023

Lot Size 1.270 Acres

Acres 1.27

Property Description

Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential rent increases in the growing neighborhood. This area is undergoing significant revitalization, offering great upside for investors. **Key Features:** - **36 units** with a mix of 1-bedroom and 2-bedroom floor plans - On-site parking for residents - Laundry facilities on-site - Recently updated common areas and exterior - Proximity to popular areas like West End, Mercedes-Benz Stadium, and Morehouse College - Easy access to I-20 and public transportation - Huge potential for rental income growth in this high-demand area This property is ideal for investors seeking a turn-key rental portfolio or those looking to reposition and add value. Don't miss out on this rare opportunity to own a multi-family asset in one of Atlanta's most dynamic neighborhoods.

Location

State GA

County Fulton

Zoning Res

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Other

Heating Electric, Other

Cooling Window Unit(s)

Flooring Laminate, Other

Window Features None

Exterior

Parking Features Parking Lot

Fence None

Utilities Available Electricity Available

Waterfront Description None

View Other

Roof Type Other

Street Surface Asphalt

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Level, Private

Story Two

Foundation Slab

Sewer Public Sewer, Other

Water Public

Level or Stories Two

Structure Type Brick,Brick 4 Sides

New Construction No

Construction Status Resale

Others

Senior Community no

Special Listing Condition Real Estate Owned

Listed by ARG Realty & Property Management