NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $500,000

5 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Park
  • No HOA
  • Community Playground
  • 1-Story Property

About This Home

As of August 2024

**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.

Last Agent to Sell the Property

Abbie Agents

Keller Williams Realty License #311455 Listed on: 07/11/2024

Keller Williams Realty

Co-Listed By

Abbie Shepherd

Keller Williams Realty License #311455

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1950

Lot Details

  • 9,148

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Hollis Innovation Academy Elementary School
  • Brown Middle School
  • Washington High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • 1-Story Property
  • 9,148 Sq Ft Lot

Listing and Financial Details

  • The owner pays for garbage
  • Tax Lot 0110

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Vine City Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Park

Building Details

  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,644

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 14
  • Year Built: 1950
  • Co List Office: KWBA01
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .21
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Pool, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hollis Innovation Academy
  • High School: Washington
  • High School Bus: Yes
  • Middle School: Brown
  • Middle School Bus: Yes
  • Elementary School: Hollis Innovation Academy
  • Middle School: Brown
  • High School: Washington

Lot Info

  • Land Lot: 0110
  • Deed Book: 58913
  • Deed Page: 270

Rental Info

  • Owner Pays: Other, Garbage

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1644

Multi Family

  • GrossIncome: 51600
  • NumberOfUnitsTotal: 4

MLS Schools

  • Elementary Bus Line: Yes

Range of Values:

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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
08/30/2024 08/30/24 Sold $500,000 +11.1% --
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $450,000 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10336608

Georgia MLS