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: lonnie leslie770-883-2708, lonleslie@gmail.com
Office: homesmart realty partners
MLS#:10555279
Source:METROMLS
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 at $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 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 #:10555279
- Updated:December 30, 2025 at 11:51 AM
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1960
- Lot area:0.4 Acres
Schools
- High school:Washington
- Middle school:Other
- Elementary school:Jones
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Tax amount:$5,971 (2024)
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