2956 Grandview Ne Avenue, Atlanta, GA 30305

$799,000

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List Price
$799,000
MLS#
7813272
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Lot Size
0.1653
Subdivision
Buckhead

Property Description

First time offered for sale in decades! Rare Buckhead multifamily opportunity! This all-brick quadruplex presents a unique opportunity to acquire a four-unit investment property in one of Atlanta's most established and sought-after neighborhoods. The building features two units on the main level and two terrace-level units with private entrances, providing a practical layout that appeals to a broad range of tenants while offering investors flexibility for future improvements. Ideally situated in the heart of Buckhead, the property is just minutes from Buckhead Village, premier shopping, outstanding restaurants, parks, MARTA, major employment centers, all while offering convenient access to GA-400, I-85, Midtown, and Downtown Atlanta. Its exceptional location continues to drive strong tenant demand and long-term investment appeal. Each of the four units is separately metered for electricity, simplifying utility management. The property also offers convenient off-street parking for every unit. The main-level apartments are served by a front gravel parking area for easy access, while a private driveway leads to dedicated parking and entrances for the two terrace-level units. Whether your goal is to renovate and modernize the existing units to capitalize on Buckhead's strong rental market and unlock the property's full income potential, build long-term equity, or expand an investment portfolio with a quality Buckhead asset, this property offers exceptional value-add potential. Thoughtful improvements could position the property to command premium rental rates while taking advantage of the continued demand for well-located housing in one of Atlanta's strongest rental markets. The property also presents an attractive opportunity for a 1031 Exchange buyer seeking an income-producing asset with meaningful upside. Properties of this caliber and location seldom become available. Buyers with long-term vision may also wish to investigate other potential future uses of the property, subject to zoning requirements, governmental approvals, and their own due diligence. A rare opportunity to acquire a Buckhead quadruplex with exceptional potential in one of Atlanta's premier locations.

Additional Information

Stories
One
Construction
Block, Brick 4 Sides
Year Built
1930
Neighborhood Amenities
Near Public Transport, Near Schools, Near Shopping, Park, Restaurant
Roof
Composition
Lot Dimensions
x
Parking
Driveway, See Remarks
Lot Desc
Level
Water
Public
Sewer
Public Sewer
Elementary School
Garden Hills
Middle School
Willis A. Sutton
High School
North Atlanta
Acres
0.17
Levels
One
Taxes
$7,143

Listing courtesy of REMAX Around Atlanta.

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