10-Unit Multifamily Opportunity | 100% Occupied | English Avenue

For Sale$1,345,000

407 Sunset Avenue, Atlanta, GA 30314

  • Multi-Family

10-Unit Multifamily Opportunity | 100% Occupied | English Avenue, Atlanta, GA 30314 - Multi-Family Space

10-Unit Multifamily Opportunity | 100% Occupied | English Avenue is located at 407 Sunset Avenue in the English Avenue neighborhood, GA, Atlanta, 30314. The Multi-Family building was completed in 1955 and features a total of 5,136 Sqft.

Nearby Properties

Details

  • Price $1,345,000
  • City Atlanta
  • Neighborhood English Avenue
  • Zip Code 30314
  • Market Atlanta
  • Property Type Multi-Family
  • Property Size 5,136 Sqft
  • Lot Size 0.26 Acre
  • Year Built 1955
  • Year Renovated 2019
  • Date Updated 03 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

The community is just a 5-minute drive to I-85, Georgia Tech, Mercedes-Benz Stadium and many other Atlanta attractions. West Midtown is an evolving neighborhood that is only a short drive to Downtown Atlanta, Midtown, Atlantic Station and Buckhead. New developments are also flooding the area including the recently Microsoft-acquired Quarry Yards (located less than a mile away), the new Westside Park (300 acres), the Westside Atlanta BeltLine Trail and Rodney Cooke Sr. Park.

Highlights

  • 10-unit multifamily complex in English Avenue, just south of West Midtown and Georgia Tech
  • (8) 1 BR / 1 BA and (2) 2 BR / 1 BA
  • Recently renovated in 2019
  • Interior renovations include: new cabinets, new doors, low flow toilets and luxury vinyl tile flooring
  • Exterior renovations include: new roof, fresh paint, new windows, heat pumps
  • All units are fully electric and separately metered
  • Strong 100% occupancy rate
  • Excellent, prime location just on the outskirts of popular Vine City
  • Walking distance to the highly anticipated Rodney Cooke Sr. Park
  • Located less than 2 miles away from Quarry Yards, a new mixed-use project and park planned for the area
  • Close proximity to Westside Atlanta Beltline Connector Trail
  • Located less than 2 miles from the North Avenue Marta Station and Downtown Atlanta and 3 miles from Midtown and Atlantic Station
  • Only a 5-minute drive to Georgia Tech, Mercedes-Benz Stadium, Coca-Cola Headquarters, State Farm Arena, Emory University, Centennial Olympic Park, and Georgia State University

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 10-Unit Multifamily Opportunity | 100% Occupied | English Avenue?

Rental asking rate at 10-Unit Multifamily Opportunity | 100% Occupied | English Avenue is Offered Unpriced per square foot.

What is the total square footage of 10-Unit Multifamily Opportunity | 100% Occupied | English Avenue?

10-Unit Multifamily Opportunity | 100% Occupied | English Avenue totals 5,136 square feet.

When was this property built?

10-Unit Multifamily Opportunity | 100% Occupied | English Avenue was built in 1955.

English Avenue Demographics

The average household income in zip code 30314 is $36,679, from a total of 7,282 households. In terms of employment, there are 82.90 % white-collar and 17.10 % blue-collar jobs in zip code 30314.

Population

  • Total Population2,392
  • Male Population(50.9 %) 1,217
  • Female Population(49.1 %) 1,175
  • Median Age28.00

Income/Financial

  • Average Household Income$66,125
  • Median Household Income$37,335
  • Median Income Under 25$21,076
  • Median Income 25-44$47,706
  • Median Income 45-64$39,958
  • Median Income Over 65$24,470

Commercial Broker Register now to add listings

Marco Welch

Bull Realty, Inc.

(404) 876-1640

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