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663 Magnolia Street NW

Atlanta, GA 30314

– beds
– baths
– sqft
4,356 sqft lot
1998 build
– on site

Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

Listing courtesy of GAMLS / Hillary Dukes / BHHS Georgia Properties

Last checked: Checking… • Last updated Dec 4, 2024 •

MLS# 10422057 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1998
Construction Materials:

Aluminum Siding, Other, Vinyl Siding
Structure Type:

House
Levels:

Two
Basement:

Full
Foundation Details:

Slab
# of Units Total:

1

Interior

Total Fireplaces:

1

Location

Latitude:

33.758299
Longitude:

-84.409194

The Property

Property Type:

Residential Income
Property Condition:

Resale
Lot Size Acres:

0.1
Lot Size Source:

Public Records
Parcel Number:

14 011000061653
Land Lot:

110

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$4,168

Heating & Cooling

Heating:

Natural Gas, Other
Cooling:

Central Air, Common

Utilities

Utilities:

Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Laundry Features:

Other

Schools

Elementary School:

Other
Elementary Bus:

No
Middle School:

M R Hollis
Middle School Bus:

No
High School:

Washington
High School Bus:

No
District:

14

The Community

Subdivision:

Vine City
Community Features:

Walk To Public Transit, Walk To Schools, Walk To Shopping
Association:

No
Association Fee Includes:

None

Parking

Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
12/4/24 Dec 4, 2024	Listed / Active	GAMLS	$295,000	451.4% (40.0% / YR)
8/21/13 Aug 21, 2013		FMLS	$53,500

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This multifamily located in Westside, Atlanta, GA 30314 is currently for sale for $295,000. 663 Magnolia Street NW is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 663 Magnolia Street NW is in the Westside neighborhood of Atlanta and has a WalkScore® of 59, making it somewhat walkable. This multifamily is in the attendance area of Michael R. Hollis Innovation Academy and Booker T Washington High School.

Listing Courtesy of: GAMLS and BHHS Georgia Properties.

© 2024 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.