769 Penn AVE NE Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30308
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Midtown
MLS Listing ID 7513538
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1920
Annual Tax Amount $16,967
Tax Year 2024
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Other
Property Description
This stately Georgian home, located in the historic Midtown Garden District, features two income-producing apartments on the terrace level. Situated on the highly desirable Penn Avenue, this property is just minutes away from Piedmont Park, MARTA, Ponce City Market, the Atlanta Beltline Trail, Trader Joe's, Midtown High School, and a variety of dining, shopping, and entertainment options in the Midtown Business District. Perfect for single-family living with the potential for rental income from the lower-level apartments, this home can also be fully utilized as a rental property, with the option to lease both the main and terrace levels. The slate-roofed, two-story main house offers four bedrooms and three bathrooms, while the terrace level includes two separate one bedroom, one bathroom apartments, each with in-unit laundry. Main home boasts primary suite on first floor, with an oversized living room and dining area, a spacious kitchen that opens to outdoor space, and abundant natural light throughout. The living room features a beautiful fireplace and ample seating area. Upstairs, you'll find three generously sized bedrooms, including a stunning primary suite with a large hall featuring floor-to-ceiling windows, two spacious closets, and an en-suite bathroom. French doors in the upstairs primary suite offer potential for a private outdoor retreat. Private parking pad behind building. 769 Penn Avenue presents a fantastic investment opportunity in one of Atlanta's most sought-after neighborhoods. With its prime location and close proximity to key amenities, this property offers investors a chance to tap into Atlanta's thriving rental market while providing tenants with unparalleled convenience and lifestyle. Don't miss out on this Penn Avenue gem!
Amenities: Private off-street parking for 4-5 vehicles, fenced backyard, two story private rear deck, front porch, freshly landscaped front yard.
Utilities: Electric/Gas - separately metered for each unit. Water - common bill for property.
HVAC: Main level has dedicated unit. Apartments share one unit, but have separate thermostats.
Laundry: All units have in-unit laundry
Location
State GA
County Fulton
Lake Name None
Interior
Heating Forced Air,Other
Cooling Central Air
Flooring Hardwood
Window Features None
Exterior
Parking Features Garage
Fence None
Community Features None
Utilities Available None
Waterfront Description None
View Trees/Woods
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Corner Lot
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Fulton - Other
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004900060784
Special Listing Condition None