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969 Palmetto Avenue SW

Atlanta, GA 30314
  • $599,990
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 10688959
UPDATED: 23 min ago
$599,990
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

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Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2026-04-11T23:10:11.657.
www.century21connectrealty.com/homes/172935571
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969 Palmetto Avenue SW Atlanta, GA 30314

  • Price: $599,990
  • Status: Active
  • On Site: 59 Days
  • Updated: 23 min ago
  • MLS #: 10688959
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2003
Built
Neighborhood:
Ashview Heights
County:
Fulton
Area:
ATLANTA
Elementary School:
Jones
Middle School:
Brown
High School:
Booker T Washington
Property Description
Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Block Garage YN No Levels Two Lot Size Area 5009.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Side/Rear Entrance Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Gross Income 0 New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Public Sewer Structure Type HouseMulti Family Tax Annual Amount 8203 Tax Year 2025 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Fleur De Lee Realty: 678-488-8650. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2026-04-11T23:10:11.657.
 
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