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550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314

Sold: 760000
Sold on: Mar 6th, 2026
Sold: 760000
Sold on: Mar 6th, 2026
MLS#10555279
STATUSSold PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSubdivision/Er Elliott Prop


Property Description

THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts at $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property overall market appeal. Property being Sold "AS/IS". THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!

Property Features

Basement: None
Cooling: Central Air, Electric
Days on Market: 195
Garage: 7
Heating: Electric, Forced Air
Lot Size: 0.40 Acres
Stories: 2.0
Taxes: $5,971
Year Built: 1960

Feature Descriptions

Exterior: Block, Brick
Foundation: Block, Slab
Parking Notes: Off Street, Side/Rear Entrance
Sewer: Public Sewer
Units: 7
Utilities: Electricity Individual Meters
Water: Public

Local Schools

High School: Washington
Middle School: Other
Elementary School: Jones

Listed By / Sold By

Listed By

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

Sold By

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