Residential Income, Quadruplex

duplex for sale

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Listed: 02/13/23

692 Penn Avenue Northeast, Atlanta, GA 30308, USA

Studio Bed:

1 Bath:

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Price

$ 1,7M

About This Duplex

Fantastic rents on this cash flowing quadraplex in the heart of Midtown Atlanta. Just steps from Piedmont Park, Ponce City Market, The Beltline, and much more. Almost everything NEW including: HVACs, hot water heaters, roof/sub-roof and soffits, gutters, exterior/interior paint, and tons of cosmetic upgrades (full kitchen/bath reno in two units, partial in other two). Currently fully tenant occupied! Keep long term tenants, or do 30+ day Airbnb (could do less in accordance with city laws).

Property Includes

Parking
Air Conditioning
Heating Central Furnace

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Duplexes for sale in Atlanta

Midtown Housing & Living

Household Income

Median household income: $65,345

Number of households: 211,819

The average household income in Atlanta, GA grew from $57,597 to $65,345 in the past year. This data is an estimate based upon 211,819 households in Atlanta, GA.
The chart below presents how household income is distributed in Atlanta, GA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Atlanta, GA compared to median property taxes around the country. The prevalent amount of property taxes in Atlanta, GA equals $3k+ , which is more than the national average.