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  • $500,000

    667 Thurmond St NW, Atlanta, GA 30314

    4beds
    4baths
    --sqft
    Duplex, Residential Income
    Built in 1950
    -- sqft lot
    $505,200 Zestimate®
    $--/sqft
    $2,256 Estimated rent

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    What's special

    **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.

    Zillow last checked: 8 hours ago

    Listing updated: September 09, 2024 at 11:52am

    Listing Provided by:

    Abbie Agents,

    Keller Williams Buckhead 404-604-3800,

    ABBIE SHEPHERD,

    Keller Williams Buckhead

    Bought with:

    NON-MLS NMLS

    Non FMLS Member

    Source: FMLS GA,MLS#: 7415170MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Hardwood
    • Windows: Shutters, Wood Frames

    Property

    Parking
    • Total spaces: 4
    • Parking features: See Remarks
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Back Yard,Chain Link
    • Has view: Yes
    • View description: City, Trees/Woods
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 9,104 sqft
    • Features: Level, Wooded, Other
    Details
    • Additional parcels included: 14011000030963
    • Parcel number: 14 011000030955

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Public Transportation, Restaurant, Street Lights
    Location
    • Region: Atlanta
    • Subdivision: Vine City

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,Other
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    Estimated market value
    $505,200