Rollin Stapp
BEDS0
BATHS
MLS#7715908
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAshview Heights
SCHOOLM. A. Jones - Booker T. Washington
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*
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Taxes: $8,203
Year Built: 2003
Feature Descriptions
Days on Site: 81
Exterior: Block
Lot Dimensions: x
Parking Notes: Driveway, Level Driveway
Sewer: Public Sewer
Units: 9
Utilities: Cable Available, Electricity Available, Other
Water: Public
Local Schools
High School: Booker T. Washington
Middle School: Herman J. Russell West End Academy
Elementary School: M. A. Jones
School District: M. A. Jones - Booker T. Washington
Listed By / Shown By
Listed By
Agency Name: Fleur De Lee Realty, LLC
Agency Phone: 678-250-4114
Shown By
Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services
Source: FMLS
Estimate Your Payment
Estimated Payment
$ 2,193.90 per month $1,335.32 Principal & Interest $683.58 Property Tax $175.00 Homeowner's InsuranceChange Payment Information
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969 Palmetto Avenue Sw | MLS# 7715908
This multi-family property located at 969 Palmetto Avenue Sw, Atlanta, GA 30314 is currently listed for sale with an asking price of $599,990. Palmetto Avenue Sw is located within the M. A. Jones - Booker T. Washington school district. Search Atlanta real estate on rollinstapp.crye-leike.com today.