$550,000
For Sale

215 Joseph E Lowery Boulevard SW

Atlanta, GA 30314
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Don’t miss this incredible investment opportunity! This newly renovated 3-unit multi-family building is ideally located in the vibrant Atlanta University Center area. Two of three units are tenant occupied.
Property Highlights:
Unit Breakdown:
(2) Two-bedroom, one-bathroom units with central air and heat.
(1) Studio apartment on the terrace level with a modern mini-split system.
Recent Upgrades:
Renovated kitchens and bathrooms featuring contemporary finishes.
Newer systems for enhanced comfort and efficiency.
Additional Features:
Basement with abundant storage space, offering potential for conversion into a fourth unit.
A two-car paved driveway and a spacious, fully fenced backyard—perfect for outdoor enjoyment or future enhancements.
Financial Details:
Gross Annual Rents: $52,800
Annual Expenses: Approximately 11% of gross rents.
Whether you're an investor looking to add a high-performing, cash-flowing asset to your portfolio or a future owner-occupant seeking to live in one unit while earning rental income, this property delivers on all fronts. This property will be sold as-is.
Schedule your showing today and secure this exceptional property in one of Atlanta’s most sought-after areas!

  • Property Details
      • Utility FeaturesElectricity Available, Sewer Available, Water Available
      • Middle SchoolHerman J. Russell West End Academy
      • Fence DescriptionBack Yard, Fenced, Privacy, Wood
      • High SchoolBooker T. Washington
      • Parking FeaturesDriveway, Paved
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolM. A. Jones
      • CountyFulton - GA
      • Parking TypeDriveway
      • Original List Price$350,000
      • MLS #7497838
      • Property SubtypeTriplex
      • MLS #7497838
      • Acres0.0918
      • Utility SourcePublic
      • Taxes Annual$5,139
      • Cost550000
      • Property ConditionResale
      • Lot DescriptionLevel
      • Year Built1930
      • Fence1

Location

Nils Ericson, Realtor | Ericson & AssociatesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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