667 Thurmond Street NW, Atlanta , 30314
Listing ID: 7415170
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$450,000
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Built: 1950
Listed: 1 month ago
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Property Description

**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.

Semi-detached located at 667 Thurmond Street NW. The property was built in 1950. 667 Thurmond Street NW is in the Atlanta neighborhood.
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Listed by: Keller Williams Buckhead Non FMLS Member
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment