550 Joseph E Lowery Boulevard Nw, Atlanta, GA 30314

Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
550 Joseph E Lowery Boulevard Nw,Atlanta, GA 30314
$875,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lawrence leslie770-883-2708
Office:homesmart realty partners
MLS#:7538395
Source:FIRSTMLS

Price summary

  • Price:$875,000

About this home

THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts @ $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property’s overall market appeal. Property being Sold “AS IS”. THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!

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Home facts

  • Year built:1960
  • Listing ID #:7538395
  • Updated:September 30, 2025 at 01:21 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Composition, Shingle, Tar/Gravel
  • Year built:1960
  • Lot area:0.4 Acres

Schools

  • High school:Booker T. Washington
  • Middle school:Fulton - Other
  • Elementary school:M. A. Jones

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$875,000
  • Tax amount:$5,971 (2024)
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