$699,000
1181 Garibaldi ST SW Atlanta, GA 30310
Save Share 
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
See all 10 photos
10 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Marc Brenner • eXp Realty
$699,000
Est. payment /mo
5,009 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Pittsburgh
MLS Listing ID 10404045
Construction Status Resale
HOA Y/N No
Year Built 1945
Annual Tax Amount $6,695
Tax Year 2023
Lot Size 5,009 Sqft
Property Description
Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion of any capital gains taxes. This is also a Beltline neighborhood with multiple large developments currently underway in the immediate area including the new food hall, Switchman Hall. Current average rent for a 1 bedroom unit in the area is $1491 however, if approved for Section 8 rentals, the maximum payment standard is $1850 for a 1/1 unit. . PLEASE READ THE FOLLOWING IN FULL BEFORE CALLING LISTING AGENT: All units currently vacant. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater. Units are roughly 400 sq ft each and estimated rehab costs would be 10k-20k per unit.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Other
Cooling Window Unit(s)
Exterior
Garage Off Street
Community Features Walk To Public Transit, Walk To Schools, Walk To Shopping
Utilities Available Electricity Individual Meters
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Gideons
Middle Schools Sylvan Hills
High Schools Carver
Others
Special Listing Condition Investor Owned
Read Less Info
© 2024 Georgia Multiple Listing Service. All Rights Reserved.
GET MORE INFORMATION
Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104