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Atlanta 30308 Old Fourth Ward
650 Glen Iris Drive NE #181035
$2,044,546*
Condo - Off Market

650 Glen Iris Drive NE #181035

Atlanta, GA 30308
bedrooms
7 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
5387 Sqft
$1,755,000 - $2,145,000
Reference Base Price*
4.85%
Since Oct 1, 2022
GA-Atlanta
Primary Model

About This Property

This is an investment portfolio of 4 different properties, all of them unique and with a proven track record as furnished rentals. As-is, this portfolio offers a desirable cap rate, but the rental market offers the potential for greater cash flow. As an added perk, each unit has its own storage unit(s).Troy Peerless Lofts is located in one of Atlanta's most walkable locations - it is a charming and unique Old Fourth Ward building, directly across from Ponce City Market, and the Atlanta Beltline. These authentic renovated lofts are on the National Register of Historic Places. The Isaac Moscowitz designed building is one of Atlanta's best remaining examples of Deco Modernism. The flexible floor plans w/modern amenities have all the charm of the original industrial laundry with exposed brick, beams & ductwork, metal truss ceilings, soaring ceilings, and industrial windows. Each unit has a unique floorplan and unique architectural features. The industrial aesthetic gives the lofts a fun, cool feel. The windows let in tons of natural light - they are huge and original. There are black out shades for when you want to relax and sleep in late. Some of the units have concrete floors, some have hardwood floors.All these special features make this a great place to live. Building amenities include rooftop deck for incredible views of the city, side patio with fountain, dog walk, gym and club room. There is so much to do here - you are in the thick of everything and you don't need a car (even though there are deeded parking spaces). Ponce City Market, the Beltline, and Whole Foods are right outside your door. Getting downtown is a breeze and interstate access is close. Walk or bike to the Beltline, Piedmont Park, yoga, gym, coffee and Ponce City Market where you can find amazing shopping, dining and nightlife! It's a diverse, friendly neighborhood with a mix of old and new all around!These true historic lofts are rare and are sure to appreciate due to their unique appeal and desirable location.

The manager has listed the unit size as 5387 square feet.
Unit Size
5,387Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$362
Property Type
Condo
Property Taxes
$1,903
HOA Dues
$1,764
Year Built
1920

Price History

Date / Event Date Event Price
Sep 19, 2022 No longer available -
No longer available
Jul 28, 2022 Listed $1,950,000
Listed

Property Highlights

Fireplace
Air Conditioning
Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
5,276 ft²
$421/ft²
$2,222,222 Aug 1, 2023
-
-
House
5 Beds
4 Baths
4,387 ft²
$376/ft²
$1,650,000 Jun 22, 2023
-
$1,566/mo
Multifamily
Stu
-
-
$2,100,000 Jun 7, 2023
-
$1,593/mo
Multifamily
Stu
-
-
$1,800,000 Aug 22, 2023
-
$1,356/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230803
08/03/2023
1 Bed
1 Bath
944 ft²
$407,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
944 ft²
-
-
-
Sarah Strohschein
Engel & Volkers Atlanta
20230803 Unit 27
08/03/2023
27
1 Bed
1 Bath
944 ft²
$407,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
944 ft²
-
-
-
Sarah Strohschein
Engel & Volkers Atlanta
20220728 Unit 181035
07/28/2022
7 Bed
7 Bath
5387 ft²
$1,950,000
bedrooms
7 Bed
bathrooms
7 Bath
square feet
5387 ft²
-
-
-
KW Turtle Group Chuck Smith
KELLER WILLIAMS REALTY METRO ATL
20220728
07/28/2022
Studio
-
-
$1,950,000
bedrooms
Studio
bathrooms
-
-
-
-
KW Turtle Group Chuck Smith
KELLER WILLIAMS REALTY METRO ATL
20220413 Unit 13
04/13/2022
13
1 Bed
1 Bath
766 ft²
$325,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
766 ft²
-
-
-
NESA KLEINHEKSEL
9 MILE TROLLEY-THE LOFT STOP
20220408 Unit 26
04/08/2022
26
1 Bed
1 Bath
622 ft²
$279,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
622 ft²
-
-
-
KW Turtle Group Chuck Smith
KELLER WILLIAMS REALTY METRO ATL
20210513 Unit 27
05/13/2021
27
1 Bed
1 Bath
944 ft²
$349,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
944 ft²
-
-
-
KW Turtle Group Chuck Smith
KELLER WILLIAMS REALTY METRO ATL
20210603 Unit 23
06/03/2021
23
2 Bed
2 Bath
1440 ft²
$420,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1440 ft²
-
-
-
RHONDA DUFFY
Duffy Realty
20210216 Unit 14
02/16/2021
14
1 Bed
1 Bath
954 ft²
$349,500
bedrooms
1 Bed
bathrooms
1 Bath
square feet
954 ft²
$325,000 -7.01%
06/18/2021
Candace Garcia
Palmerhouse Properties
20210405 Unit 33
04/05/2021
33
2 Bed
2 Bath
793 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
793 ft²
-
-
-
Maggy Calhoun
Keller Williams Rlty Atl. Part
20201021 Unit 30
10/21/2020
30
1 Bed
1 Bath
926 ft²
$325,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
926 ft²
$329,500 +1.38%
11/20/2020
Anna Kilinski
Keller Williams Realty
20201005 Unit 18
10/05/2020
18
1 Bed
1 Bath
698 ft²
$325,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
698 ft²
$325,000
01/08/2021
Marta Haviv
PalmerHouse Properties
20200901 Unit 31
09/01/2020
31
1 Bed
1 Bath
-
$300,000
bedrooms
1 Bed
bathrooms
1 Bath
$300,000
10/15/2020
Anna Kilinski
Keller Williams Realty
20200813 Unit 6
08/13/2020
6
2 Bed
2 Bath
1540 ft²
$479,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1540 ft²
$460,000 -4.15%
10/20/2020
Jeffrey Taylor
KELLER WILLIAMS REALTY METRO ATL
20200603 Unit 24
06/03/2020
24
2 Bed
2 Bath
-
$379,900
bedrooms
2 Bed
bathrooms
2 Bath
$370,000 -2.61%
08/27/2020
Chuck Smith
Keller Williams Realty
20200106 Unit 12
01/06/2020
12
1 Bed
1 Bath
910 ft²
$333,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
910 ft²
$338,000 +1.50%
02/21/2020
Troy Sponaugle
Chapman Hall Realtors
20191218 Unit 13
12/18/2019
13
1 Bed
1 Bath
766 ft²
$289,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
766 ft²
-
-
-
NESA KLEINHEKSEL
9 MILE TROLLEY-THE LOFT STOP
20191025 Unit 21
10/25/2019
21
1 Bed
2 Bath
680 ft²
$349,900
bedrooms
1 Bed
bathrooms
2 Bath
square feet
680 ft²
-
-
-
JARED SAPP
ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL
20190915 Unit 4
09/15/2019
4
2 Bed
2 Bath
-
$389,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Catherine Geiger
ALL ATLANTA PROPERTIES
20190305 Unit 18
03/05/2019
18
1 Bed
1 Bath
698 ft²
$285,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
698 ft²
-
-
-
John Bell
JB Realty Partners
20190308 Unit 15
03/08/2019
15
1 Bed
1 Bath
1098 ft²
$340,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1098 ft²
-
-
-
ALEX WORRELL
KELLER WILLIAMS RLTY-PTREE RD
20181108 Unit 17
11/08/2018
17
1 Bed
1 Bath
931 ft²
$325,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
931 ft²
-
-
-
Jay Silliman
7 REAL ESTATE MANAGEMENT SERVICES
20180607
06/07/2018
2 Bed
2 Bath
1440 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1440 ft²
-
-
-
-

Building Info

650 Glen Iris Drive Northeast 650 Glen Iris Drive Northeast, Atlanta, GA 30308
More about this Building
650 Glen Iris Drive Northeast
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About Northeast Atlanta


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