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1181 Garibaldi
Atlanta GA 30310 US

$699,000

Active Listing ID 10404045
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Lot: 0.12 Acres
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Multi Family

$699,000

Active Listing ID 10404045
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1181 Garibaldi PLEASE READ THE FOLLOWING IN FULL BEFORE CALLING LISTING AGENT. WE RECEIVE MULTIPLE CALLS WITH THE SAME QUESTIONS EVERYDAY. PLEASE DO NOT CALL TO ASK QUESTIONS ANSWERED IN THE LISTING: Active = available. All units currently vacant. Every unit will need to be renovated. Reason for selling: seller is liquidating portfolio. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater, no central air. Units are roughly 400 sq ft each. No onsite parking is included in this parcel. There is plenty of street parking. Adjacent lot is available for purchase from a different owner. Plumbing / electrical would likely need to be brought up to code. Building has a special use exemption for commercial apartment building zoning & therefore the structure cannot be modified in any way (can't build vertical). Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion of any capital gains taxes. This is also a Beltline neighborhood with multiple large developments currently underway in the immediate area including the new food hall, Switchman Hall. Current average rent for a 1 bedroom unit in the area is $1491 however, if approved for Section 8 rentals, the maximum payment standard is $1850 for a 1/1 unit. .

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Cooling System: Window Unit(s) A/C

School Information

  • School
  • Gideons(Elementary)
  • Sylvan Hills(MiddleSchool)
  • Carver(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 699000
  • unparsedaddress: 1181 Garibaldi
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30310
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.115
  • lotsizeunits: Acres
  • lotsizearea: 0.115
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.722699
  • longitude: -84.399513
  • listagentfullname: Marc Brenner
  • listagentemail: marcbrenner86@gmail.com
  • listagentkey: 3yd-GAMLS-BRENNERMARC
  • listagentmlsid: BRENNERMARC
  • listagentpreferredphone: 7703617068
  • listagentofficephone: 8889599461
  • listofficekey: 3yd-GAMLS-EXPR01
  • listofficemlsid: EXPR01
  • disclaimer: Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1945
  • listingcontractdate: 2024-10-25
  • countyorparish: Fulton
  • parcelnumber: 14 008700092152
  • elementaryschool: Gideons
  • highschool: Carver
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Concrete
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.39951, 33.7227
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marcbrenner86@gmail.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@ianmarshall.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(770) 361-7068", "ListBrokeragePostalCode":"30338", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1155 mt vernon hwy suite 800", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"Peachtree St Ne 1372", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Atlanta", "ListOfficeCountry":"US", "ListOfficeEmail":"ga.broker@exprealty.net", "ListOfficePostalCode":"30309", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Atlanta, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1181-Garibaldi-St-SW_Atlanta_GA_30310_M62252-09546?f=listhub&s=GAMLS&m=10404045&c=rexren", "MLSModificationTimestamp":"2024-11-12T01:06:06Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6695, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/12/2024 6:20:50 PM GMT
Source Updated Date: 11/27/2024 6:53:58 AM GMT

Courtesy of: Marc Brenner, eXp Realty, marcbrenner86@gmail.com

Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.