1181 Garibaldi Street Southwest

1181 Garibaldi Street Southwest

Atlanta, GA 30310

$725,000
Price
1
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with balcony
a bathroom with a sink and toilet
a view of a hallway with a refrigerator
a kitchen with a refrigerator and window
a bathroom with a toilet
a view of a house with backyard and trees
a view of a house with wooden fence and garden
a picture of a wall with a window
a picture of a rug and a painting

Description

Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion...Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion of any capital gains taxes. This is also a Beltline neighborhood with multiple large developments currently underway in the immediate area including the new food hall, Switchman Hall. Current average rent for a 1 bedroom unit in the area is $1491 however, if approved for Section 8 rentals, the maximum payment standard is $1850 for a 1/1 unit. Another option would be to scrape the lot and build a larger apartment building. Either way, there is a huge opportunity here for the experienced investor. PLEASE READ THE FOLLOWING IN FULL BEFORE CALLING LISTING AGENT: All units currently vacant. There is only street parking currently available for this building which the city may take issue with. The adjacent lot, which would allow for parking, may be for sale at the right price, per the current owner. Contact info for negotiations will be provided upon request. Buyer must do their own due diligence with the City of Atlanta & Pittsburgh Neighborhood Association to ensure intended use of the property conforms with all local laws. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater. Units are roughly 400 sq ft each and estimated rehab costs would be 10k-20k per unit.
  1. Listed by Marc Brenner • EXP Realty, LLC.

Property Details for 1181 Garibaldi Street Southwest

Subdivision Complex
Pittsburgh
Parking Features
None
Property Attached
No
Waterfront Features
None

Location

Listing Courtesy of EXP Realty, LLC., Marc Brenner
Add your commute
LISTING UPDATED: 04/23/2024 01:58 PM

Property Details for 1181 Garibaldi Street Southwest

StatusActive
MLS #7305104
Days on Market134
Taxes$5,365 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1945
Lot Size0.11 AC / 5,000 SF
CountyFulton County

Location

Listing Courtesy of EXP Realty, LLC., Marc Brenner
Add your commute

Building Information for 1181 Garibaldi Street Southwest

Stories2Residences10Year Built1945Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$4,404 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$447

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1181 Garibaldi Street Southwest

Summary
Location and General Information
  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
  • Directions: GPS
  • Lake Name: None
  • View: City
  • Coordinates: -84.399494, 33.722705
Taxes and HOA Information
  • Parcel Number: 14 008700092152
  • Tax Year: 2022
  • Association: No
  • Block: 0
  • Tax Legal Description: 0
  • Tax Lot: 0
School Information
  • Elementary School: Charles L. Gideons
  • High School: G.W. Carver
  • Middle School: Sylvan Hills
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Heating: Space Heater
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: Chain Link
  • Roof Type: Metal
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Home Warranty: No
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 0
  • Lot Features: Other
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 10
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Deck, Window Units
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Vacant
  • Unit Water Included: No
  • Unit Rent Amount: $.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Rental
Rent Information
  • Occupant Types: Vacant

Property History for 1181 Garibaldi Street Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1181 Garibaldi Street Southwest

Taxable ValueLand$60,000Additions$95,880Total$155,880
Home Facts
Baths1Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories1Lot Size4,966 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningR5CountyFULTONAPN14 008700092152

Schools near 1181 Garibaldi Street Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Gideons Elementary School
Public - PK to 5
Sylvan Hills Middle School
Public - 6 to 8
Early College High School At Carver
Public - 9 to 12
Carver High School
Public - 9 to 12
Rating
School
Distance
Gideons Elementary School
PublicPK to 5

Sylvan Hills Middle School
Public6 to 8

Early College High School At Carver
Public9 to 12

Carver High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1181 Garibaldi Street Southwest, Atlanta, GA 30310

1181 Garibaldi Street Southwest is a multi-family home for sale in Atlanta, GA 30310. This property was listed for sale on November 17, 2023 by EXP Realty, LLC., it's currently listed at $725,000. It has been on the market for a total of 134 days and was last sold on June 18, 2015. This listing's school district is Atlanta Public Schools. Nearby schools include Gideons Elementary School, Sylvan Hills Middle School and Early College High School At Carver. 1181 Garibaldi Street Southwest is a 1-bed, 1-bath, multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC., Marc Brenner

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.