Save
Ask
Tour
Hide
Share
$720,000
100 Days Online

1181 Garibaldi Street SW
Atlanta, GA 30310

For Sale|Other|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1945
Built
Subdivision:
Pittsburgh
County:
Fulton

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 404-205-8800
Is this the home for you? We can help make it yours.
404-205-8800
1181 Garibaldi Street SW1181 Garibaldi Street SW1181 Garibaldi Street SW1181 Garibaldi Street SW
Save
Ask
Tour
Hide
Share

Don't miss this rare opportunity to own a 10 unit apartment building right in the heart of Atlanta. Located just a few miles south of downtown Atlanta, in the rapidly growing neighborhood of Pittsburgh, this property has the potential for huge financial returns. Not only is it situated directly across from a massive new mixed use development (Pittsburgh Yards), it is also located in a government designated "Opportunity Zone", which would allow an investor to defer and even reduce a large portion of any capital gains taxes. This is also a Beltline neighborhood with multiple large developments currently underway in the immediate area including the new food hall, Switchman Hall. Current average rent for a 1 bedroom unit in the area is $1491 however, if approved for Section 8 rentals, the maximum payment standard is $1850 for a 1/1 unit. Another option would be to scrape the lot and build a larger apartment building. Either way, there is a huge opportunity here for the experienced investor. PLEASE READ THE FOLLOWING IN FULL BEFORE CALLING LISTING AGENT: All units currently vacant. There is only street parking currently available for this building which the city may take issue with. The adjacent lot, which would allow for parking, may be for sale at the right price, per the current owner. Contact info for negotiations will be provided upon request. Buyer must do their own due diligence with the City of Atlanta & Pittsburgh Neighborhood Association to ensure intended use of the property conforms with all local laws. All units are separately metered for electricity. Each unit has a window AC unit and gas space heater. Units are roughly 400 sq ft each and estimated rehab costs would be 10k-20k per unit.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$720,000
Days Online 
100 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1945
MLS Number 
7305104
Status 
Active
Property Tax 
$5,365
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
4 days agoPrice changed to $720,000
3 months agoStatus changed to Active
3 months agoListing first seen online
General Features
Construction 
Brick 4 Sides
Lot 
Other
Parking 
None
Sewer 
Public Sewer
Special Circumstances 
None
Owner Financing 
No
Property Condition 
Resale
View 
City
Green Energy Efficient 
None
Green Energy Generation 
None
Stories 
Two
Interior Features
Cooling 
Window Unit(s)
Heating 
Space Heater
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Other
Fencing 
Chain Link
Private Pool 
No
Roof 
Metal
View 
City
Parking Features 
None
Waterfront Features 
None
Community Features
Community Amenities 
Near BeltlineNear MartaNear SchoolsNear ShoppingNear Trails/Greenway
Accessibility Features 
None
Security Features 
None
Water 
Public
Schools
School District
Unknown
Elementary School
Charles L. Gideons
Middle School
Sylvan Hills
High School
G.W. Carver
Listing Provided Courtesy Of: Marc Brenner of EXP Realty, LLC. ?

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request.



© 2017-2024 First Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
Scroll to Top