$2,098,954*
●
Multifamily -
Off Market
724 Charles Allen Drive NE
Atlanta, GA 30308
Studio
0 Bath
$1,890,000 - $2,310,000
Reference Base Price*
-0.05%
Since Nov 1, 2023
GA-Atlanta
Primary Model
About This Property
Welcome to this stylish and profitable quadraplex located in the
sought after neighborhood of Midtown. This sophisticated
showstopper is bursting with Boho Vibes, Dramatic Curated Art, and
Vibrant Contemporary Textiles and Patterns. The property was
meticulously renovated in 2019, taken down to the studs, and
designed for today's lifestyle. Step into a central hall leading to
the four distinct units. Each unit features lavish interiors with
unmatched attention to detail. The natural light from the large
windows is amazing! Cooking is a pleasure in these sleek
gourmet kitchens adorned with top-of-the-line appliances, high
quality surfaces, exquisite backsplash and flooring. This prime
location is just moments away from the iconic Piedmont Park,
Beltline, Ponce City Market, Trader Joes, Wholefoods, and an array
of bars & restaurants. The true highlight of this property lies in
its income-generating potential. Four separate units, each equipped
with its independent systems and utility meters. This exceptional
property presents an excellent opportunity for rental income.
Whether you choose to rent out all four units or live in one and
rent out the others, the versatility of this property allows for
various income producing options. Looking to expand your portfolio
or seeking a modern home with potential rental income, this Midtown
gem offers the perfect blend of exquisite style, location, and
profitability.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,593
HOA Dues
-
Year Built
1940
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 2, 2023 | No longer available | - | |
No longer available | |||
Sep 6, 2023 | Price Decreased |
$2,100,000
↓ $50K
(2.3%)
|
|
Price Decreased | |||
Jul 9, 2023 | Price Decreased |
$2,150,000
↓ $150K
(6.5%)
|
|
Price Decreased | |||
Jun 7, 2023 | Listed | $2,300,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
5,276 ft²
$421/ft²
$2,222,222
Aug 1, 2023
-
-
Active
Other
Loft
3.5
Baths
2,857 ft²
$607/ft²
$1,735,000
Jun 22, 2023
-
-
House
6
Beds
5.5
Baths
4,206 ft²
$498/ft²
$2,095,000
Jun 23, 2023
-
-
House
6
Beds
5.5
Baths
4,206 ft²
$498/ft²
$2,095,000
May 26, 2023
-
-
In Contract
House
6
Beds
5.5
Baths
4,988 ft²
$457/ft²
$2,279,000
Jun 23, 2023
-
$1,976/mo
In Contract
House
4
Beds
4
Baths
3,008 ft²
$593/ft²
$1,785,000
Jul 6, 2023
-
$1,303/mo
Active
House
6
Beds
5.5
Baths
7,166 ft²
$262/ft²
$1,879,900
Jun 30, 2023
-
$1,313/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
724 Charles Allen Drive Northeast
724 Charles Allen Drive Northeast, Atlanta, GA 30308
- 1 Unit for Sale
About Northeast Atlanta
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