GA > Atlanta > Vine City
Atlanta, GA 30314,663 Magnolia
Atlanta, GA 30314,663 Magnolia
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Scarlett Napolitano

Scarlett Napolitano

+1(407) 808-6757
$ 295,000
Est. payment | /mo

4,356 Sqft Lot

Save
$ 295,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type Residential Income

Subdivision Vine City

MLS Listing ID 10422057

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1998

Annual Tax Amount $4,168

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 4356

Property Description

Attention Investors! Back on the market at no fault to the Seller. This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

Location

State GA

County Fulton

Rooms

Basement Full

Interior

Heating Natural Gas, Other

Cooling Central Air, Common

Fireplaces Number 1

Fireplace Yes

Laundry Other

Exterior

Parking Features Off Street

Community Features Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Sewer Connected

View Y/N No

Garage No

Private Pool No

Building

Faces Please use GPS, Google Maps, or Waze

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Other,Vinyl Siding

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools M R Hollis

High Schools Washington

Others

HOA Fee Include None

Tax ID 14 011000061653

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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Scarlett Napolitano

+1(407) 808-6757

scarlett@teamnapolitano.com

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663 Magnolia