722 Florence Place NW
Atlanta, GA 30318
- – beds
- – baths
- 6,852 sqft lot
- 1966 build
- – on site
This turnkey, income-producing property offers an excellent investment opportunity! Recently updated and with a tenant already in place, this solid, all-brick 3-bedroom, 1-bathroom home in Grove Park generates $1,900 per month through the Atlanta Housing Authority. Investors can enjoy immediate, hassle-free rental income with no need for additional updates. The current lease ensures reliable, government-backed rental payments, providing a steady, low-risk return. The home features a solid brick exterior, newly refinished hardwood floors, and a functional layout with spacious bedrooms and a bright, inviting living area. The newly updated kitchen with white cabinets and an eat-in dining area creates a seamless flow for everyday living. The long driveway and covered carport offer ample parking, while the fenced-in backyard provides additional space for gatherings or a garden. Located in a thriving neighborhood with major investments fueling growth, this property offers incredible value and long-term potential. Walking distance to Grove Park and just minutes from downtown, Westside Park, Georgia Tech, Mercedes-Benz Stadium, and Beltline access, it is perfectly positioned to benefit from the area's continued development. Easily accessible from major highways, this low-maintenance investment is conveniently located, making it a smart choice for investors seeking reliable, high-yield returns. Don’t miss out on this amazing investment opportunity and start collecting rent payments from day one!
Last checked:
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Last updated Apr 4, 2025
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MLS# 7545612 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1966
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Construction Materials:Brick 4 Sides
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# of Units Total:1
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Levels:One
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Roof:Composition
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Window Features:Double Pane Windows
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Interior
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Flooring:Hardwood
Location
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Directions:GPS Friendly
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Latitude:33.774721
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Longitude:-84.44226
The Property
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Parcel Number:14 014500060241
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Other
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Property Condition:Resale
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Lot Features:Private
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Lot Size Acres:0.1573
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:Other
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Fencing:Back Yard
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (562) 644-9083
- Office phone:
- (404) 541-3500
Taxes
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Tax Year:2024
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Tax Annual Amount:3881
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/722-Florence-Place-NW-Atlanta-GA-30318/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Woodson Park Academy
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Middle Or Junior School:John Lewis Invictus Academy/Harper-Archer
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High School:Frederick Douglass
The Community
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Subdivision Name:Grove Park
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Community Features:None
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Total:3
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Parking Features:Carport
Listing Provided Courtesy of Keller Williams Realty Intown ATL
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
