581 Martin Street Southeast

Atlanta, GA 30312

$1,300,000
Price
6
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Irreplaceable 6 Unit Asset/Multi-Family in the Heart of Summerhill. Easy Cash Flow w/ long term rental growth in developing neighborhood as Carter Development & GA State contitune to Develop and add Infrastructure one block away. 5 Completely Renovated Units w/ New Kitchens Featuring Granite Countertops, Custom White Shaker Cabinets, SS Appliances, Hardwood Floors Throughout, Stackable Washer/Dryers. Renovated Bathrooms All units have Covered Back Deck/Porch. Perfect for a First time investor getting...

Property Details for 581 Martin Street Southeast

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

Location

Listing Courtesy of Engel & Volkers Atlanta, Andy Griffith

Property Details for 581 Martin Street Southeast

StatusActive
MLS #6899886
Days on Market46
Taxes$7,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built2001
Lot Size0.15 AC / 6,403 SF
CountyFulton County

Contact a Compass agent

Location

Listing Courtesy of Engel & Volkers Atlanta, Andy Griffith

Building Information for 581 Martin Street Southeast

Stories2Residences6Year Built2001Building Size-Lot Size0.15 AC / 6,403 SF

Payment Calculator

$5,010 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,357

Property Taxes

$653

HOA Dues

$0

Property Information for 581 Martin Street Southeast

Summary
    Location and General Information
  • Community Features: Near Beltline, Near Marta, Near Shopping, Near Trails/Greenway, Park, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Elementary School: Parkside
  • High School: Maynard H. Jackson, Jr.
  • Middle School: King
  • Search Area: 31 - Fulton South
  • View: City, Other
  • Directions: Starting on Northside dr, head 75/85 south, exit on 246 fulton st toward turner field, turn left on fulton st, Turn right on Martin St, it will be on your right. Park on Street.
  • Lake Name: None
    Taxes and HOA Information
  • Parcel Number: 14 005300100922
  • Tax Year: 2020
  • Taxes: $7,839.00
  • Block: 0
Interior and Exterior Features
    Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Heat Pump
  • Levels/Stories: Two
  • Window Features: Insulated Windows
  • Bathrooms Total Interger: 0
    Exterior Features
  • Accessibility Features: None
  • Construction Materials: Cement Siding
  • Dock: None
  • Fencing: Fenced
  • Roof Type: Composition
  • Security Features: Carbon Monoxide Detector(s)
Property
    Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Phone Available,Sewer Available,Underground Utilities,Water Available
  • Water Source: Public
    Property and Assessments
  • Year Built: 2001
  • Assumable: No
  • Cap Rate: 6.30%
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Green Energy Efficient: None
  • Green Energy Generation: None
    Lot Information
  • Section/GMD: 0
  • Lot: 0
  • Land lot: 0
  • Lot Features: Level, Private, Other
  • Acres: 0.147
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
    Multi-Family Information
  • Unit Count: 6
  • NUM OF UNITS: 6
    Income & Expenses Information
  • Gross Annual Income: $95,040
  • Annual Expenses: $12,084
Rental
    Rent Information
  • Occupant Type: Tenant

Property History for 581 Martin Street Southeast

DateEvent & SourcePriceAppreciation
Nov 1, 2017

Sold (Public Record)

Public Record #608480361

$615,000
DateEvent & SourcePrice
11/01/2017

Sold (Public Record)

Public Record #608480361

$615,000

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

Public Records for 581 Martin Street Southeast

Taxable ValueLand$36,880Additions$154,480Total$191,360
Tax Record2020$7,839 ($653 / month)
Home Facts
Baths1Total Finished SqFt3,332 SqFtAbove Grade Finished SqFt3,332 SqFtLot Size6,400 SqFtStyleMulti-Family Res (5+ Units)Year Built2001Year Renovated2001ZoningRG4CountyFULTONAPN14 005300100922

Schools near 581 Martin Street Southeast


SchoolTypeGradesDistanceRating
Neighborhood Charter SchoolCharterK-50.5 mi
7
Wesley International AcademyCharterK-80.6 mi
5
St Nicholas Orthodox AcademyPrivate5-110.6 mi
NR
Parkside Elementary SchoolPublicPK-51.2 mi
5

Neighborhood Charter School

K-5, 0.5 mi, Charter

7

Wesley International Academy

K-8, 0.6 mi, Charter

5

St Nicholas Orthodox Academy

5-11, 0.6 mi, Private

NR

Parkside Elementary School

PK-5, 1.2 mi, Public

5

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.

Similar Homes

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Similar Sold Homes

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581 Martin Street Southeast is a multi-family home for sale in Atlanta, GA 30312. This property was listed for sale on June 16, 2021 by Engel & Volkers Atlanta at $1,300,000. It has been on the market for a total of 47 days and was last sold on November 2, 2017. This listing's school district is Atlanta Public Schools. Nearby schools include Neighborhood Charter School, Wesley International Academy and St Nicholas Orthodox Academy. 581 Martin Street Southeast is a 6-bed, 6-bath, multi-family home built in 2001.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Atlanta, Andy Griffith

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