**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.
Closed
$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
Owner options
What's special
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#: 7415170
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