NOT LISTED FOR SALE

1947 Dunlap Ave Atlanta, GA 30344

Center Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
5.29 Acres

Last Sold December 10, 2020

Last sale price $3,350,000

4 Days on Market

Highlights

  • 5.29 Acre Lot
  • Corner Lot
  • Four Sided Brick Exterior Elevation
  • Property is near public transit
  • Restaurant
  • Central Heating and Cooling System

About This Home

As of December 2020

Amazing Apartment Investment Opportunity in the heart of the rapid-growing City of East Point. Located in the heart of downtown, just off of main street before entering Historic College Park sits a 75-Unit apartment complex on just over 5 acres of land. There are a total of 8 buildings in this complex. The unit breakdowns are as follows: 40 2bed/1bath units and 35 1bed/1bath units, plus a leasing office, multiple storage rooms for construction/maintenance supplies and a laundry facility. Five of the buildings have tenants in place, while the remaining three buildings are under construction. Two of the buildings that are under construction are near completion with only punch-list type items remaining to be done. One of the buildings that is under construction still needs a full renovation as it currently only has studs in place. Rent rolls, T12, additional photos of each unit can be sent upon request. Property is located at the end of the street where Dunlap and Vesta meet. There's plenty of parking and even enough land to build another building for units and/or create a playground for the community. Don't miss out on this wonderful opportunity. Recent as-is appraisal and ARV appraisal can be provided. Showings are by appointment only.

Last Listed By

Sarah Lowe

iRealty ATL License #343062 Listed on: 11/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,163

Year Built

  • Built in 1959

Lot Details

  • 5.29 Acre Lot
  • Corner Lot

Parking

  • Parking Lot

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Conley Hills Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

  • 75 Units
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 14 016300170641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,163

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1959
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Public Transportation, Restaurant, Sidewalks, Street Lights, Near Marta, Near Schools, Near Shopping

Schools

  • Elementary School: Conley Hills
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Acres: 5.2910
  • Deed Book: 54449
  • Deed Page: 354
  • Lot Features: Corner Lot
  • Lot Dimensions: 230500
  • Parcel Number: 14 016300170641
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 25163.00
  • Assessor Parcel Number: 14-0163-0017-064-1
  • Close Date: 2020-12-10
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 75

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Conley Hills
  • High School: Tri-Cities
  • Middle School: Paul D. West

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $3,350,000 -30.2% --
11/09/2020 11/09/20 For Sale $4,800,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sarah Lowe

    Seller's Agent in 2020

    Sarah Lowe

    iRealty ATL

    (404) 242-1449

    2 in this area

    58 Total Sales

    Sarah Lowe
    Section Image
  • Ryan Bowen

    Buyer's Agent in 2020

    Ryan Bowen

    Berkshire Hathaway HomeServices Georgia Properties

    (404) 587-5961

    2 in this area

    73 Total Sales

    Ryan Bowen
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6806622

First Multiple Listing Service (FMLS)

Georgia Fulton County Atlanta 30344 Center Park

1947 Dunlap Ave, Atlanta, GA

Homes for Sale in Atlanta, GA

This home is located at 1947 Dunlap Ave, Atlanta, GA 30344 since 09 November 2020. This property was built in 1959. 1947 Dunlap Ave is a home located in Fulton County with nearby schools including Conley Hills Elementary School, Paul D. West Middle School, and Tri-Cities High School.

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