404 Not Found
1516 Murphy Avenue SW
Atlanta, GA, 30310
$425,000
5 Beds
2 Baths
1,566 SqFt
0.11 Acres
Add
Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex!
Situated in the Sylvan Hills neighborhood, this rental property offers more than just potential – it’s positioned just moments away from the Beltline, a hub of recreation, culture, and community connectivity.

Haven’t you heard the news?

Atrium Health purchased 40 Acres a mile down the road *New Hospital Development* Plus Murphy Crossing *New Mixed Use Development* West End Mall *New Mixed Use Development* Just minutes away from Westview Commercial District, Lee + White’s mixed use-Warehouse Row, Gordon White Park, Lean Draft House, Pittsburg Yards!

This calculates to over a Billion Dollars in Development a mile down the road!! Buy and hold and capitalize for the future! Don’t miss this chance to invest in your future and take advantage of the endless possibilities that 1516 Murphy Ave SW presents. With future triplex plans and producing potential income-generating units, coupled with proximity to the Beltline, this property invites visionaries to turn it into a lucrative endeavor. Architectural Plans Available with purchase! Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the Beltline lifestyle. ***Tenants in place, please do not disturb*** **SHOWING DURING DUE DILIGENCE ONLY **
Listing Provided Courtesy of Trend Atlanta Realty, Inc.

Property Details

Price:
$425,000
MLS #:
7497026
Status:
Active
Beds:
5
Baths:
2
Address:
1516 Murphy Avenue SW
Type:
Single Family
Subtype:
Single Family Residence
City:
Atlanta
Listed Date:
Dec 11, 2024
State:
GA
Finished Sq Ft:
1,566
Total Sq Ft:
1,566
ZIP:
30310
Year Built:
1920
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Elementary School:
T. J. Perkerson
Middle School:
Sylvan Hills
High School:
G.W. Carver

Interior

Appliances
Dishwasher, Gas Oven
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood, Luxury Vinyl
Heating
Natural Gas
Laundry Features
None

Exterior

Architectural Style
Ranch
Community Features
None
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
Driveway
Roof
Shingle

Financial

Tax Year
2024
Taxes
$4,297

Map

Community

Similar Listings Nearby

1516 Murphy Avenue SW
Atlanta, GA