Atlanta, GA 30314,667 Thurmond ST NW
Atlanta, GA 30314,667 Thurmond ST NW
Atlanta, GA 30314,667 Thurmond ST NW
Listed by Abbie Agents • Keller Williams Rlty. Buckhead
Bought with No Selling Agent • Non-Mls Company
$500,000
Est. payment /mo
Est.Price: ?

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9,104 Sqft Lot
SOLD DATE : 08/30/2024

Key Details

Sold Price $500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Vine City

MLS Listing ID 10336608

Year Built 1950

Annual Tax Amount $1,644

Tax Year 2023

Lot Size 9,104 Sqft

Property Description

**Two Properties Included in Sale** 667 Thurmond Street NW & 673 Thurmond Street NWl. Cross-listed with FMLS #7415170. PRIME Investment Opportunity in Historic Vine City. 667 Thurmond Street NW & 673 Thurmond Street NW are side-by-side duplexes with skyline views of Downtown Atlanta, steps from Mercedes-Benz Stadium, nearby HBCUs and Vine City MARTA. The side-by-side duplexes feature two 1BR/1BA units in each building. Listed $100,000 UNDER appraised value! 11% cap rate. Approved Section 8 guarantees long-term rental income at $1000 each unit and potential to go to $1150 each. A stone's throw from the new $60+ million Rodney Cook, Sr. Park. Close to Castleberry Hills, Centennial Park, Georgia Aquarium, Georgia Tech, Georgia Dome, State Farm Arena and more. This property offers a range of possibilities to capitalize on the growing demand for housing in Atlanta. Keep as current Section 8 Approved rental property or demolish both duplexes to build a 4 story building. Already up zoned for future development. This opportunity is brimming with potential. Entire block going commercial. Property around the corner listed for $11 million. Don't miss out on the opportunity to capitalize on the area's growth and redevelopment projects in one of Atlanta's most dynamic and evolving neighborhoods.

Location

State GA

County Fulton

Interior

Heating Central

Cooling Central Air

Exterior

Garage Off Street

Garage Spaces 4.0

Community Features Park, Playground, Pool, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Utilities Available Underground Utilities

Building

Story One

Sewer Public Sewer

Schools

Elementary Schools Hollis Innovation Academy

Middle Schools Brown

High Schools Washington

Others

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Listing Condition Investor Owned

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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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