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$ 492,000
$ 499,000 1.4%
616 Moreland AVE SE Atlanta, GA 30316
8,712 Sqft Lot
UPDATED:
Key Details
Sold Price $492,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision East Atlanta Village
MLS Listing ID 7454321
Year Built 1948
Tax Year 2024
Lot Size 8,712 Sqft
Property Description
Seize the chance to own this income-producing duplex located in the highly sought-after East Atlanta Village.
This traditional brick bungalow is a true gem, offering a prime investment opportunity in one of Atlanta's hottest in-town neighborhoods. Nestled within walking distance to Brownwood Park, a variety of restaurants including Banshee, a vibrant food hall, and shops, this is an unbeatable location. It's perfect for investors looking for a seamless, turn-key rental property or a savvy homeowner wanting to live in one unit and rent the other.
This duplex includes Unit A, which features a spacious layout with 3 bedrooms and 2 full baths, complete with separate front and side entrances. Unit B offers a cozy setup with 2 bedrooms and 1 bath, along with a separate living room.
The interior of the property showcases beautiful hardwood floors, modern kitchens with updated cabinets and slate tile, newer appliances, and bathrooms enhanced with slate and subway tiles.
The property also offers an inviting front porch, perfect for relaxation, with easy access to all the amenities and entertainment that East Atlanta Village has to offer. Parking is ample, with plenty of space and accessible through a back alley or the driveway on Moreland Ave. Units are side by side, and both units have private entrances and porch access, along with their own washer and dryer hookups, separate meters, and water paid by the landlord. Systems of the house are well maintained and with updated plumbing and sewer line in 2022, and a new vapor barrier in the crawlspace.
Both units are currently rented with long term tenants, and the lease agreements will be transferred to the buyer at closing.
Please be aware that all units are tenant-occupied; respect their privacy by not walking through the property.
This duplex offers everything an investor or homeowner could desire: a prime location, a well-maintained property, great tenants, and a strong rental history. Don't miss out on this exceptional opportunity in East Atlanta Village!
Location
State GA
County Dekalb
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Level Driveway
Fence Wood
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available, Other
Waterfront Description None
View City
Roof Type Composition,Shingle
Building
Lot Description Private
Story One
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides
New Construction No
Schools
Elementary Schools Burgess-Peterson
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Special Listing Condition None
Bought with Harry Norman REALTORS