Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,000,000
-- Bed
-- Bath
--sqft
879 Parsons St Sw, Atlanta, GA 30314
$1,000,000
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Multi Family
Built in 2010
$-- HOA
4,356 sqft lot
--/sqft
Description
Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units ...
Continue Reading- Houzeo last checked: 51 Minutes ago
- Listing updated: March 6, 2026 at 4:25 pm
- Listing Provided by: |
- Source: Georgia MLS-GA | MLS#: 10686695
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2010
HOA Fees
-
Finished Area
- sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10686695
MLS Status
Active
Days on Market
130
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