969 Palmetto Sw Avenue, Atlanta, GA 30314

$599,990

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,990
Days on Market
121
MLS#
7715908
Year Built
2003
Lot Size
5,000
Acres
0.11

Property Description

Exceptional investment opportunity in Atlanta’s desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you’re expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

Additional Information

Taxes
$8,203
Utilities
Cable Available, Electricity Available, Other
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Other
Elementary School
M. A. Jones
Middle School
Herman J. Russell West End Academy
High School
Booker T. Washington

Listing courtesy of Fleur De Lee Realty, LLC. Contact:

Listing Courtesy Of Fleur De Lee Realty, LLC, Contact:

board logoListings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks