Thread: ATLANTA/Commercial Property/$193,999

Price $193,999

1250 Memorial Dr. SE
Atlanta, GA 30316
City of Atlanta/Dekalb County

Newly Renovated 1,500 Sq. Ft. (Not Including Unfinished Full Basement) 3 Bedroom/2 Bathroom House Located Almost At Intersection of Moreland Ave. and Memorial Dr. in the Edgewood Community and Bordering East Atlanta, Cabbagetown, and Reynoldstown .
Take Interstate 20 to Moreland Ave. North. At first redlight, take a right onto Memorial. It's the 2nd house on the left and sits at the corner of Memorial and Vannoy.
Renters in place paying $1,525 per month. Tenants are punctual with rent and are decent, hardworking men between 25-39 years of age.
$500K homes have been built behind the house and $280K townhouses (Vannoy Park) are being built across the street.
The house sits on a corner lot (Memorial and Vannoy.) It is in the process of being zoned commercial. The lot is sizable, level, and fully fenced. The house offers gated, off street parking.
Features of the home include granite exterior, a screened in front porch perfect for a swing or rocking chair, open living room featuring original fireplace, refinished hardwoods throughout, lots of windows for natural light, generous reach in closets, ceramic tile flooring in the bathrooms, a custom tiled shower in the master bathroom, large deck with lattice enclosed storage area underneath, dry, unfinished basement, eat in kitchen featuring new kitchen cabinets and countertops, 6 month old appliances that are still under warranty (washer/dryer, dishwasher, microwave, smooth top stove, and refrigerator), separate laundry room, an attic for additional storage and more.

It is great as a rental property or office. You could easily continue to rent out the main floor (current renters wish to remain, if possible) and finish in the basement as an office.
Walk to East Atlanta Village, Edgewood Retail Development, Little 5 Points, and Cabbagetown!
MARTA (public transportation) is readily accessible with the Inman Park/Reynoldstown station within walking distance. The house is also located on the propsed Beltline loop.

Specify Memorial Dr. Property When Calling

Photos Available

PLEASE DO NOT DISTURB TENANTS!!!