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Sandra Goderstad

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

$ 800,000

Est. payment -/mo

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New

537 MORGAN ST NE Atlanta, GA 30308

4 Beds

4 Baths

2,450 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $326

Subdivision Old Fourth Ward

MLS Listing ID 10654952

Style Bungalow/Cottage

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1920

Annual Tax Amount $6

Tax Year 2024

Lot Size 3,833 Sqft

Acres 0.088

Lot Dimensions 3833.28

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Fantastic cash-flow investment opportunity! This high-performing triplex is fully occupied and generating strong returns, offering investors immediate income and minimal vacancy risk from day one. Ideal for both owner-occupants interested in "house hacking" and traditional investors, this property combines versatility, charm, and a prime location. The top-floor unit features a spacious single-family-style layout with 2 bedrooms, 2 bathrooms, a bonus room, separate living and dining areas, and a private backyard. Each of the two lower units offers 1 bedroom and 1 bathroom. Whether you plan to live in one unit while renting the others or pursue a straightforward rental strategy, this property balances character with solid investment fundamentals. Located just one block from Ponce City Market, the Beltline, and Historic Fourth Ward Park-with convenient access to major highways and public transportation-this triplex ensures exceptional walkability and connectivity. The property also allows short-term rentals, producing monthly income between $1,300-$2,200 per selected unit. In total, the property offers 4 bedrooms and 4 bathrooms across all units. With its prime location, strong performance, and flexible use options, this is a true gem for anyone seeking a lucrative and reliable investment.

Location

State GA

County Fulton

Rooms

Basement None

Interior

Interior Features Other

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Laundry Other

Exterior

Exterior Feature Other

Parking Features None

Fence Other

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

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Level

Faces GPS is accurate

Sewer Public Sewer

Water Public

Architectural Style Bungalow/Cottage

Structure Type Concrete,Stucco

New Construction No

Schools

Elementary Schools Hope Hill

Middle Schools David T Howard

High Schools Grady

Others

HOA Fee Include None

Tax ID 14 004700031100

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

Sandra Goderstad

Agent | License ID: 435004

+1(912) 217-4825

Sandra Goderstad

537 MORGAN ST NE Atlanta, GA 30308

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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537 MORGAN ST NE