221 15th Street NW
Atlanta, GA 30318

  • – beds
  • – baths
  • 7,501 sqft lot
  • 1935 build
  • on site

This sought after gem is a rare find! Surrounded by lush mature landscape this income generating triplex located in the Historic Home Park district of Atlanta! Surrounded by mature oak, walnut and mulberry trees, this property is positioned on an oversized corner lot at the intersection of Barnes and 15th Street. Triplex offers unparalleled convenience with easy access to I-85/75 and walking distance to Atlantic Station, shops, restaurants, entertainment and city transportation. GATECH, SCAD, GSU, Microsoft, Wells Fargo, Google, OTE Arena and mixed use new build AMLI - all just minutes away! This property offers a steady stream of income with two units (B and C) currently rented to students and one unit is family occupied. With a total of 7 bedrooms combined, where each can be leased individually to maximize your rental potential. The main unit - A is currently occupied by family members at a below-market rent, presents an ideal opportunity for owner occupancy. Additionally, this unit is licensed with the city of Atlanta as a short-term rental and offers flexibility for both short-term and long-term leasing strategies, catering to various tenant needs and maximizing rental income potential while providing a unique blend of investment and personal residence. Be ready to host 2026 FIFA World Cup at this unbeatable location! Unit A is fully furnished and decorated with 3 Bedrooms and a full bath + vanity. Fully stocked kitchen, stainless steel appliances, washer/dryer in unit. Units B and C each feature 2 Bedroom, full bath, kitchen equipped with all appliances and stacked washer/dryer. Living room areas are furnished with sofa's and TV's. This unique for the location property also includes an oversized fenced-in backyard, perfect for pet owners, shaded patio with seating area provides cozy outdoor enjoyment. The fenced-in front yard with new landscaping provides for additional space to relax and unwind, while enhancing street appeal. With plenty of recent upgrades, that include new landscape, gutters, windows, AC unit, water heater, newer flooring, a recent roof replacement, and fresh paint this triplex offers modern comforts and low maintenance for the savvy buyer. Whether you're an experienced investor or a first-time buyer looking to generate passive income, this triplex presents a rare opportunity to secure a lucrative investment in one of Atlanta's most desirable neighborhoods. Don't miss your chance to own this income-generating triplex in the heart of Midtown. Schedule a showing today and take the first step towards building your real estate portfolio!

First Multiple Listing Service logo Listing courtesy of FMLS / The Providence Group Realty, LLC.

Last checked: Checking… • Last updated May 3, 2024 •

MLS# 7379534 —

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Sale history

Date Event Source Price % Change
5/2/24
Listed / Active FMLS $1,150,000 24.3% (11.3% / YR)
3/11/22
FMLS $925,000

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Multifamily For Sale

$1,150,000

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Listing provided by broker:

Anna Kosenkov

The Providence Group Realty, LLC.

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221 15th Street NW

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This multifamily located in Northeast Atlanta, Atlanta, GA 30318 is currently for sale for $1,150,000. 221 15th Street NW is a multifamily with – beds and – baths that has been on Estately for 3 days. 221 15th Street NW is in the Northeast Atlanta neighborhood of Atlanta and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Centennial Academy, Henry W Grady High School, and Samuel Martin Inman Middle School.

Listing Provided Courtesy of The Providence Group Realty, LLC.

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