134 Peachtree Hills Avenue Ne, Atlanta

$825,000

0 Beds
0 Baths
0 Sqft
.17 Acres
0 Garages

Fantastic investor opportunity awaits with this rare, fully furnished, multifamily gem nestled in the highly sought-after Peachtree Hills neighborhood! This triplex, coupled with a bonus studio apartment situated above the garage, presents an ideal chance to generate passive income while accruing equity in the coveted Buckhead locale. Tailored for investor buyers seeking to capitalize on lucrative rental prospects, this property offers three side-by-side units in the main house, each boasting one bedroom, one full bath, and fully equipped kitchens. Unit 1 has its own washer/dryer while Units 2-4 share the washer/dryer located in the garage outbuilding. Unit 4, a carriage house studio unit equipped with its own kitchen, full bath, and laundry facilities below, adds to the income potential, commanding a total long term rental income of $6,000/month across all 4 units. Property has had incredible success as a furnished short or mid-term rental for travel nurses at Piedmont and Emory, students at area universities, or temporary employee housing, with potential of $8,000+ per month. This property's 1,623 total square feet includes 3 units in the main building (Unit 1 is 650 SF, Unit 2 is 364 SF, Unit 3 is 321 SF, and Unit 4 / Carriage House is 288 SF. Beyond its rental appeal, this property features a spacious backyard with ample room for parking, enhancing its attractiveness to both tenants and investors. Positioned in close proximity to an array of amenities such as restaurants, shopping centers, schools, interstates, the future Peachtree Hills Beltline entrance, parks, and more. Whether you're a seasoned developer or a savvy investor looking to expand your portfolio, this property offers limitless potential. From unit consolidation and remodeling to new construction, the possibilities abound. Don't miss out on this prime investment opportunity in one of Atlanta's most desirable neighborhoods.

Essential Information
MLS® #7353689
Price$825,000
Bathrooms0.00
Acres0.17
Year Built1920
TypeResidential Income
Sub-TypeTriplex
StatusActive
Community Information
Address134 Peachtree Hills Avenue Ne
SubdivisionPeachtree Hill
CityAtlanta
CountyFulton - GA
StateGA
Zip Code30305
Amenities
Parking Spaces4
ParkingDriveway, Varies by Unit
ViewCity
WaterfrontNone
Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Interior
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
StoriesOne
Exterior
Lot DescriptionOther
WindowsNone
RoofComposition
ConstructionCedar
School Information
ElementaryE. Rivers
MiddleWillis A. Sutton
HighNorth Atlanta
Listed By:

Atlanta Fine Homes Sotheby's International

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Listing information last updated on May 1st, 2024 at 6:00pm CDT.

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