718 E Ponce De Leon Avenue
$900,000
718 E Ponce De Leon Avenue, Decatur, GA 30030
3
Units
1932
Year Built
Details:
Highlights:
- Lot Features: Corner Lot, Level, Private
- Bathrooms Total: 0
- Cooling: Ceiling Fan(s), Central Air
- Heating: Heat Pump, Natural Gas
- Flooring: Hardwood, Other
- Construction Materials: Brick, Vinyl Siding
- Parking Features: Garage, Varies by Unit
- Accessibility Features: None
- Security Features: Carbon Monoxide Detector(s)
Description:
Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location
Listing ID: 7847231
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