Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Listed by Kevin Scheiderich • Porch Path Realty
Bought with Alexandra Covett Pickett • Bolst, Inc.
$455,000
Est. payment /mo
Est.Price: ?

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6,011 Sqft Lot
SOLD DATE : 08/28/2023

Key Details

Sold Price $455,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Peoplestown

MLS Listing ID 10191301

Year Built 1955

Annual Tax Amount $3,031

Tax Year 2022

Lot Size 6,011 Sqft

Property Description

Amazing investment opportunity in Peoplestown just steps from the Beltline! The property is a classic, legal duplex that consists of two separate rentable units; units are both 2/1 with about 625 sq ft each. More recent updates include a new roof, paint, flooring and appliances 2 years ago. Zoning is R-5 which allows for legal multifamily in the city of Atlanta, and the lot is very wide for the neighborhood at 50ft x 121ft. The immediate area has lots of new construction development due to the excellent location which is very close to many amenities and is walkable to The Beltline, The Beacon, the future Terminal South development (adaptive re-use with food hall), DH Stanton Park, as well as the shops and restaurants of Georgia Ave. Investment options are numerous; rent both sides for a long-term hold, owner-occupant can house-hack by living in one side while doing a short-term rental on the other side, or given the generous lot size and proximity to the Beltline one could redevelop into a larger, modern for-sale duplex. Both sides are currently vacant, the electrical is sub-metered, water is shared to the property, and there is no gas bill.

Location

State GA

County Fulton

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Exterior

Garage Off Street

Garage Spaces 2.0

Community Features Park, Walk To Public Transit, Walk To Schools, Walk To Shopping

Utilities Available Electricity Individual Meters, Sewer Connected, Water Billing Prorated

Building

Story One

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Barack & Michelle Obama Academy

Middle Schools King

High Schools Mh Jackson Jr

Read Less Info

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Georgia MLS (GAMLS)

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Lee Hadaway

+1(770) 366-5200

Agent | License ID: 364905

Agent License ID: 364905

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