Average square foot calculated using Size range provided by listing agent.
Description
Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 5 units are currently rented, with 1 that just went vacant, advertised for $1195/month (plus water) and another unit going vacant on 6/30/25 that will be listed at $1250/month (plus water). Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and tenants pay these bills. One water meter for the building and tenants pay a flat monthly water fee on top of rent. Seller recently replaced water line and sewer main. Recent concrete walkway repairs. Showings will only be scheduled during due diligence after an offer is accepted, There is one vacant unit that can be shown by appointment. Please do not disturb tenants.Show Description
MLS® Number7596274
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1953
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Wall Unit(s)
A/CElectric, Wall Unit(s)
Heating Fuel
Extras
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