667 Thurmond Nw Street, Atlanta, GA 30314
- $500,000
- Sold Price
- $500,000
- List Price
- $450,000
- Days on Market
- 8
- Closing Date
- Aug 30, 2024
- MLS#
- 7415170
- Year Built
- 1950
- Lot Size
- 9,104
- Acres
- 0.21
Property Description
**Two Properties Included in Sale** 667 Thurmond Street NW & 673 Thurmond Street NWl. Cross-listed with FMLS #7415170. PRIME Investment Opportunity in Historic Vine City. 667 Thurmond Street NW & 673 Thurmond Street NW are side-by-side duplexes with skyline views of Downtown Atlanta, steps from Mercedes-Benz Stadium, nearby HBCUs and Vine City MARTA. The side-by-side duplexes feature two 1BR/1BA units in each building. Listed $100,000 UNDER appraised value! 11% cap rate. Approved Section 8 guarantees long-term rental income at $1000 each unit and potential to go to $1150 each. A stone's throw from the new $60+ million Rodney Cook, Sr. Park. Close to Castleberry Hills, Centennial Park, Georgia Aquarium, Georgia Tech, Georgia Dome, State Farm Arena and more. This property offers a range of possibilities to capitalize on the growing demand for housing in Atlanta. Keep as current Section 8 Approved rental property or demolish both duplexes to build a 4 story building. Already up zoned for future development. This opportunity is brimming with potential. Entire block going commercial. Property around the corner listed for $11 million. Don't miss out on the opportunity to capitalize on the area's growth and redevelopment projects in one of Atlanta's most dynamic and evolving neighborhoods.
Additional Information
- Taxes
- $1,644
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick 4 Sides
- Roof
- Composition
- Elementary School
- M.R. Hollis Innovation Academy
- Middle School
- Herman J. Russell West End Academy
- High School
- Booker T. Washington
Listing courtesy of Keller Williams Buckhead. Contact:
Listing Courtesy Of Keller Williams Buckhead, Contact:
Selling Office: Non FMLS Member.
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