$945,000
For Sale

856 Monroe Drive NE

Atlanta, GA 30308
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

This property is sold together with 852 Monroe Dr. fmls# 7469143.
Introducing 856 Monroe Dr., a prime investment opportunity in the heart of Atlanta! This fully-leased triplex offers 100% occupancy, providing stable, immediate cash flow. The property includes two spacious 2-bedroom, 1-bath including 1 spacious 2 story unit, and one charming 1-bedroom, 1-bath unit, each featuring stunning period details that attract tenants looking for both style and space.
With a parking lot for 6 cars, this property provides a rare convenience in such a desirable location. While the units are in great condition, there’s significant upside potential for luxury rentals with cosmetic upgrades. Located just steps from Piedmont Park, the Beltline, and Atlanta’s top shopping and dining options, 856 Monroe Dr. offers a fantastic opportunity for both current income and future growth!

  • Property Details
      • ViewTrees/Woods
      • Lot DescriptionLevel
    • Measurements
      • Acres0.1942
    • Parking
      • Parking FeaturesParking Lot
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1920
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionMIDTOWN
    • Location
      • Elementary SchoolVirginia-Highland
      • Middle SchoolDavid T Howard
      • CountyFulton - GA
      • High SchoolMidtown
  • Financial Details
      • Original List Price$945,000
      • Taxes Annual$12,539
  • Other
      • MLS #7469200

Location

Dream Homes RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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