Midtown Triplex in Prime Location

1243 Francis St. NW, Atlanta, GA

$895,000

Price

5%

Cap Rate

$44,750

NOI

Overview
Cap Rate
5%
NOI
$44,750
Building Size
2,248 sqft
Lot Area
0.138 acres
Occupancy
67%
Units
3
Year Built
1997
Floors
3
Parking Spots
3
Description

SVN | Interstate Brokers is pleased to present for sale this well-maintained triplex in the highly sought Home Park neighborhood of Midtown Atlanta. Usually fully occupied, these one bedroom/one bath units feature great privacy on a quiet street. New roof in 2019. On and off-street parking. Walk to Atlantic Station, Midtown restaurants, MARTA Arts Center and Midtown Stations, Georgia Tech. Perfect for long-term tenants or Airbnb.

The house is located in the Home Park neighborhood of Midtown Atlanta, between 14th and 16 Streets. This neighborhood has low turnover and is adjacent to Atlantic Station. The neighborhood lies just north of Georgia Tech and west of the Downtown Connector.

Electric

Gas

Highlights
  • 3 1/1 units in excellent condition
  • On and off-street parking
  • Excellent walkability in prime Midtown neighborhood
  • New roof (2019)

Location
Gallery