1393 Markan Ne Drive, Atlanta, GA 30306

$900,000
6
BD
4
BA
2,367
SqFt

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List Price
$900,000
Days on Market
1
MLS#
7838821
Year Built
1960
Bedrooms
6
Bathrooms
4
Living Area
2,367
Lot Size
16,117
Acres
0.37

Property Description

1393 & 1395 Markan Drive NE presents an opportunity to acquire a fully furnished duplex with an established short-term rental history and significant development potential in Atlanta’s Morningside/Emory area. The property features two 3-bedroom, 2-bathroom units, each approximately 1,650 SF, that were fully renovated and furnished in 2021. Both units have more than three years of documented short-term rental income, providing a turnkey furnished operation for an investor. Adding to the property's potential are existing architectural plans for a new 3-story, 4-unit multifamily building at the rear of the site, creating the potential for 6 total units. Investors may continue the existing furnished short-term rental strategy, transition to traditional long-term rentals, or pursue the planned expansion. Ideally located minutes from Emory University, the CDC, Emory University Hospital, the VA Medical Center, Virginia-Highland, Druid Hills, Toco Hills, and Decatur. Financials and additional details are available upon execution of a confidentiality agreement. Please reply by email to request a copy.

Additional Information

Taxes
$12,979
Property Description
Ranch
Interior Layout
High Ceilings 9 ft Main
Interior Features
High Ceilings 9 ft Main
Kitchen Features
Laminate Counters, Tile Counters, View to Family Room, Other
Appliances
Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Range Hood, Refrigerator
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
None
Roof
Composition
Pool
None
Elementary School
Morningside-
Middle School
David T Howard
High School
Midtown

Listing courtesy of Atlanta Leasing & Investment. Contact:

Listing Courtesy Of Atlanta Leasing & Investment, Contact:

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