757 Monroe Drive, Atlanta, GA 30308
- $1,225,000
- List Price
- $1,225,000
- MLS#
- 7855343
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Quadruplex
- Subdivision
- Midtown
Property Description
A unique opportunity to acquire an entire 1930s condominium-converted building in one of Midtown Atlanta's most desirable and walkable locations. Just blocks from Piedmont Park, Ponce City Market, and Midtown's vibrant dining, shopping, and entertainment destinations, this distinctive property offers investors an opportunity to own an entire four-unit building in the heart of the city. All four units are currently leased, providing immediate rental income and the flexibility to continue operating the property as configured or explore future repositioning opportunities. Depending on feasibility and applicable zoning and permitting requirements, the property may offer potential to convert back to a quadplex rental property or reimagine the building as a single-family residence. Significant exterior improvements include HardiePlank siding replaced in 2021 and a new roof installed in mid-2022 and new HAVC systems in two of the units. There are four off-street, private parking spaces behind the building add valuable convenience in this sought-after urban location. Whether expanding a rental portfolio, pursuing a value-add investment, or exploring alternative residential configurations, this is a compelling opportunity to acquire a distinctive property with income in place and flexibility for the future in one of Atlanta's most established urban neighborhoods.
Additional Information
- Stories
- Two
- Construction
- HardiPlank Type
- Year Built
- 1920
- Neighborhood Amenities
- None
- Roof
- Composition
- Parking
- Parking Lot
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Springdale Park
- Middle School
- David T Howard
- High School
- Midtown
- Levels
- Two
- Taxes
- $17,500
Listing courtesy of Atlanta Fine Homes Sotheby's International.
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