678 Moreland Avenue Northeast

Atlanta, GA 30306

$3,200,000
Price
10
Beds
10
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare Opportunity to own this stunning, newly gut renovated 1950’s vintage 10-unit apartment building in the flourishing neighborhood of Poncey-Highland. The current owner brought the building down to the brick shell and reframed the interior to include all new interiors, new wiring, plumbing, HVAC, etc. These
new spacious units include beautiful contemporary finishes including white cabinetry, granite countertops, stainless appliances and more. All units have in-unit laundry, and some have eat-in
...Rare Opportunity to own this stunning, newly gut renovated 1950’s vintage 10-unit apartment building in the flourishing neighborhood of Poncey-Highland. The current owner brought the building down to the brick shell and reframed the interior to include all new interiors, new wiring, plumbing, HVAC, etc. These
new spacious units include beautiful contemporary finishes including white cabinetry, granite countertops, stainless appliances and more. All units have in-unit laundry, and some have eat-in kitchens and/or separate sunrooms with plenty of natural light. Situated on just shy of a half-acre site, the property feels
like two separate lots with plenty of extra land that could be potentially developed with additional apartments. Zoned Poncey-Highland SA-4. Poncey-Highland is one of the most sought-after neighborhoods in Atlanta due to its location between Virginia Highland, Inman Park and Old Fourth Ward. Residents will enjoy being just two blocks away from all of the popular restaurants, bars and shops on North Highland Avenue in Virginia Highlands. Residents
are also just steps from Little Five Points and can take Freedom Park to access Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. With such easy access to all of these intown areas, residents can truly enjoy the best of intown living. PROPERTY HIGHLIGHTS
• Newly gut renovated 10-unit apartment building in the popular Poncey-Highland neighborhood
• 10 spacious new units consisting of 1, 2 and 3 bedroom units
• Includes extra land that could potentially be built on to create more units
• New windows, doors, mechanicals, electric and plumbing
• All units have in-unit laundry
• Extra Storage area in basement
• Walking distance to Freedom Park with easy access to Ponce City Market and the Atlanta Beltline
• Steps from Little Five Points, Inman Park and Virginia Highlands
• Zoned: Poncey-Highland SA-4
• $142,935 Average household income within 1 mile
  1. Listed by Andy Lundsberg • Bull Realty, Inc.
  2. Listed by Michael Wess • Bull Realty, Inc.

Property Details for 678 Moreland Avenue Northeast

Subdivision Complex
Poncey-Highland
Num Of Parking Spaces
9
Parking Features
Parking Lot
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 10/29/2024 09:30 AM

Property Details for 678 Moreland Avenue Northeast

StatusActive
MLS #7476958
Days on Market39
Taxes$35,233 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1955
Lot Size0.45 AC / 19,776 SF
CountyFulton County

Building Information for 678 Moreland Avenue Northeast

Stories3Residences10Year Built1955Building Size-Lot Size0.45 AC / 19,776 SF

Property Information for 678 Moreland Avenue Northeast

Summary
Location and General Information
  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Storage, Street Lights, Other
  • Directions: Take exit 89 on I-85 onto GA 42 S, follow Briarcliff Road to the destination
  • Lake Name: None
  • View: City
  • Coordinates: -84.349368, 33.772824
Taxes and HOA Information
  • Parcel Number: 14 001600130263
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: .
School Information
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Other
  • Heating: Central, Other
  • Levels/Stories: Three Or More
  • Window Features: Aluminum Frames, Wood Frames
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Fencing: None
  • Roof Type: Other
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Updated/Remodeled
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level, Rectangular Lot
  • Acreage Source: Public Records
  • Lot Size Dimensions: 122 x 167
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 10
Income & Expenses Information
  • Gross Annual Income: $263,790.00
  • N.O.I. $: $194,021.00
  • Annual Expenses: $69,769.00
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $.00
  • Unit Full Baths: 10
  • Unit Bedrooms: 10
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 678 Moreland Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 678 Moreland Avenue Northeast

Taxable ValueLand$293,000Additions$567,400Total$860,400
Home Facts
Baths1Total Finished SqFt11,768 SqFtAbove Grade Finished SqFt11,768 SqFtStories1Lot Size19,776 SqFtStyleMiscellaneous CommercialYear Built1955Year Renovated2011ZoningRG3CountyFULTONAPN14 001600130263

Schools near 678 Moreland Avenue Northeast

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Springdale Park Elementary School
PublicK to 5

David T Howard Middle School
Public6 to 8

Midtown High School
Public9 to 12

Virginia-Highland Elementary school
PublicPK to 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.

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678 Moreland Avenue Northeast is a multi-family home for sale in Atlanta, GA 30306. This property was listed for sale on October 25, 2024 by Bull Realty, Inc., it's currently listed at $3,200,000. It has been on the market for a total of 39 days and was last sold on February 26, 2015. This listing's school district is Atlanta Public Schools. Nearby schools include Springdale Park Elementary School, David T Howard Middle School and Midtown High School. 678 Moreland Avenue Northeast is a 10-bed, 10-bath, multi-family home built in 1955.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bull Realty, Inc., Andy Lundsberg; Bull Realty, Inc., Michael Wess

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.