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Sandra Goderstad

sandragoderstad@gmail.com +1(912) 217-4825

$ 950,000

Est. payment -/mo

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Active

893 Magnolia ST NW Atlanta, GA 30314

6,272 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Vine City

MLS Listing ID 10648133

HOA Y/N No

Year Built 1970

Annual Tax Amount $15,562

Tax Year 2025

Lot Size 6,272 Sqft

Acres 0.144

Lot Dimensions 6272.64

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Investor Special in Prime Vine City - Cash Flow Day One Welcome to 893 Magnolia Street, a rare 5-unit multifamily opportunity in the heart of Vine City. Just steps from the AUC's HBCUs, MARTA, the BeltLine connector, Mercedes-Benz Stadium, and the massive wave of Westside redevelopment - this location is as "future-proof" as it gets. This property can be delivered fully leased and is producing strong income. Potential Income: * (4) units - 3BR/2BA at $2,400/month each * (1) unit - 2BR/2BA at $1,600/month Total monthly income: $11,200 Total annual income: $134,400 Whether you're building your portfolio, executing a 1031 exchange, or looking for a value-add play in a booming submarket, this one hits every metric: size, location, tenant demand, and cash flow from the jump. With the World Cup right around the corner, Now is the time to get into this area while you still can!

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Garage Spaces 9.0

Community Features Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Other

View Y/N No

Total Parking Spaces 9

Garage No

Private Pool No

Building

Faces Please Use GPS

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Other

Middle Schools Brown

High Schools Washington

Others

HOA Fee Include None

Tax ID 14 011000070571

Special Listing Condition Updated/Remodeled

Sandra Goderstad

Agent | License ID: 435004

+1(912) 217-4825

Sandra Goderstad

893 Magnolia ST NW Atlanta, GA 30314

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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893 Magnolia ST NW