510 Boulevard NE  • Atlanta , Georgia 

Listing ID: 7148932
Price: $799,000
Status: Active
Address: 510 Boulevard NE
City: Atlanta
State: Georgia
Postal Code: 30308
Acres: 0.190
County: Fulton - GA
Subdivision: Old Fourth Ward
Atlanta
GA
30308
Fantastic opportunity to own a 6 bedroom unit with a CAP Rate 0f 5.23%, right in the heart of Old Fourth Ward. This is an excellent location with off street parking, walking distance from Ponce city market and the Atlanta Beltline. The two front rooms have their own bathroom, while the other four share two full bathrooms. The property house 11 foot tall ceilings, an unfinished basement, brand new electrical work, a recent restructured roof, and a huge backyard that has been converted into a parking lot (fits 5 vehicles).

Primary Features

County: Fulton - GA
Property Sub Type: Other
Property Type: Residential Income
Subdivision: Old Fourth Ward
Year Built: 1940

Interior

Cooling: Ceiling Fan(s), Central Air, Other
Flooring: Ceramic Tile, Other
Heating: Central, Other
Levels: One
Room Basement Level: Basement

External

Construction Materials: Brick 4 Sides, Cement Siding, Frame
Dock: None
Fencing: Back Yard
Lot Features: Level, Other
Lot Size Dimensions: x
Lot Size Source: Public Records
Number Of Units Total: 6
Parking Features: Driveway
Pool Private: no
Property Attached: no
Roof: Composition
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Water Body Name: None
Water Source: Public
Window Features: Insulated Windows

Location

Association: no
Community Features: None
Directions: From Downtown Atlanta. Head north on Capitol Ave SW. Turn right onto M.L.K. Dr SE. Turn left onto the Interstate 75N/85 N ramp. Merge onto I-75 N/I-85 N. Take exit 248C for Freedom Pkwy towards GA-10 E/ Carter Ctr. Continue onto GA-10 E/Freedom Pkwy NE. Turn left onto Boulevard NE.
Elementary School: Hope-Hill
High School: Midtown
Middle School: David T Howard
View: City
Waterfront Features: None

Additional

Accessibility Features: None
Assumable: no
Green Energy Efficient: None
Green Energy Generation: None
Mls Property Type: Residential Income
Mls Status: Active
Owner Second: no
Property Condition: Resale
Special Circumstances: None
Unit Count: 6

Financial

Cap Rate: 5.23
Current Price: 799000
Gross Income: 61200
Net Operating Income: 43085
Operating Expense: 18115
Owner Financing: no
Special Listing Conditions: None
Tax Annual Amount: 10352
Tax Year: 2022

Zoning Info


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Listed By: Weichert, Realtors - The Collective

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