20 Griffin St $1,500,000

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    20 Griffin St Atlanta, GA 30314

    Active

    $1,500,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 8789400
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    Views: 1 Days On Market: 45

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    Property Details

    13-unit multifamily apartment community located in Atlanta's Historic Vine City Community. This property is a value-add opportunity that could be transitioned into either Affordable Housing or Student Housing. Griffin Street Apartments is located in one of Georgia's 26 opportunity zones and it's less than 1 mile from the new Mercedes Benz Stadium. All units are 2 bedroom, 1 bath units. This property is stabilized at 100% occupancy and is cash flowing with very low delinquency.

    • General Features
      • Multi-family Type Other (See Remarks)
      • Tax Year 2018
      • Property Type Multifamily
      • Year Built 1961
      • Taxes 8267
      • Subdivision Vine City
      • County Fulton
      • Annual Association Fee 0
      • Area 2
    • Building Features
      • Amenities None
      • Construction Status Resale
      • Construction 4
      • Energy Related None
      • Cooling Type No Cooling
      • Cooling Source Electric
      • Total Fireplaces 0
      • Total Units 13
      • Stories 2Stories
      • Quadrant NW
      • Heating Type No Heating
      • Heating Source Electric
    • Property Features
      • Annual Gross Expense 0
      • Annual Gross Income 0
      • Annual Maintenance Amt 0
      • Acreage 0.47
      • Lot Dimensions 1
      • Parking None
      • Water Sewer Public Water, Sewer In Street
    • Schools
      • Middle School Other
      • Elementary School Other
      • High School Other

    Contact

    Kenisha Robnett

    Kenisha Robnett

    Executive Vice President, CCIM, MRED

    RE/MAX Platinum Access-Commercial Division

    Mobile Phone: 602-881-8283

    Neighborhood

    30314 (Atlanta) Demographics

    26 Median Age
    5,022 Population Density (per sq. mile)
    26% College Educated
    $25,196 Estimated Median Income
    2,138 Estimated Total Home Owners
    5,046 Estimated Total Renters
    30% / 70% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    23,450 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $127,000 Median Sales Price
    35 Homes Sold
    114 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000
        6/2/2020 6:21:09 AM Status Changed Source New Value: Active
        6/2/2020 6:20:02 AM Status Changed Source New Value: Active
        5/19/2020 5:32:00 PM New in Database Source

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.