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Virnalisi JohnsonKing

[email protected] +1(404) 290-6914

$824,500

Est. payment - /mo

8 Beds

8 Baths

2,766 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 2,766 sqft

Price per Sqft $298

MLS Listing ID 10854106

Style Traditional

Bedrooms 8

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 2005

Annual Tax Amount $10,142

Tax Year 2025

Lot Size 4,878 Sqft

Acres 0.112

Lot Dimensions 4878.72

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Turnkey Atlanta University Center Investment Property | 8 Bedrooms | 7 Full + 2 Half Bathrooms | 7 Private Suites | Room-by-Room Rental Potential Fully renovated, fully fenced investment property located at 54 Joseph E. Lowery Blvd NW, Atlanta, GA 30314, within walking distance of Morehouse College, Spelman College, Clark Atlanta University, and Morris Brown College. This high-bedroom-count Atlanta property features 8 bedrooms, 7 full bathrooms, and 2 half bathrooms, including 7 private bedroom suites with ensuite bathrooms. The layout is well suited for investors exploring room-by-room rental, co-living, student housing, corporate housing, or shared housing strategies, subject to buyer verification. Features include keyed bedroom locks, washer/dryer connections on each floor, a fully renovated kitchen, screened front porch, fully fenced grounds, and secure gated rear parking. Seller-projected gross rental income is approximately $7,000-$10,000 per month at full occupancy, or approximately $84,000-$120,000 annually before operating expenses. The property offers convenient access to Downtown Atlanta, Mercedes-Benz Stadium, MARTA, major transportation routes, shopping, dining, parks, and the Atlanta University Center. An attractive opportunity for investors seeking a renovated, turnkey Atlanta investment property with strong bedroom density, 7 private-suite bedrooms, gated parking, and room-by-room rental upside near the Atlanta University Center. Rental projections are estimates only and are not guaranteed. Buyer should independently verify zoning, permitted occupancy/use, rental projections, leasing strategy, expenses, insurance, taxes, and all investment assumptions.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Flooring Other

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Laundry In Hall

Exterior

Parking Features Parking Pad

Fence Back Yard, Fenced, Front Yard

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Connected

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description None

Faces Take I-20 to Joseph E. Lowery Blvd towards the AU Center. The home is on the right of Joseph E. Lowery Blvd and Mitchell Street.

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Jones

Middle Schools Herman J Russell

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 010900011933

Special Listing Condition Resale

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Virnalisi JohnsonKing

+1(404) 290-6914

Agent License ID: 144248

54 Joseph E Lowery BLVD NW Atlanta, GA 30314

Virnalisi JohnsonKing

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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