Active

560 Morgan Street NE

Atlanta GA, 30308

$1,674,000


$178.75 per sqft

Active

9,365 sqft

Multi-family

Built in 2003

Ponce City Market Beltline Gem: $20k Incentive and Proven Income! Don't miss this exceptional opportunity! The seller is offering a flexible $20,000 incentive for qualified buyers. This can be used to: * Buy down your interest rate to as low as 5.75% for conventional loans and as low as 6.75% for jumbo loans, saving you thousands of dollars in the long run. * Cover closing costs, taxes, or other expenses associated with your purchase. Savvy investors, take note! This stunning, renovated 3,326 square-foot home, just steps from the vibrant Ponce City Market and Beltline, boasts a proven track record of generating substantial rental income. The entire home, including the spacious 5bd/3.5ba main living area and adjoining 2/1 apartment, has averaged over $125,000 in annual rental income, offering a unique opportunity to own and occupy while generating significant passive income. Flexibility is key. Utilize the 2/1 apartment as a nanny/in-law suite, integrate it into the main home, or keep it as a lucrative income source. Luxury awaits. The oversized master suite includes a sitting room and private deck with breathtaking views facing the buzzing Ponce City Market and the leafy Beltline. The finished terrace level basement boasts a wet bar, dual wine chillers, a full bedroom and bathroom, and a bonus room, perfect for entertaining. Invest in your future and contact us today to schedule a showing!

10214285

MLS ID

October 12, 2023

Listed

February 16, 2024

Updated

Map

560 Morgan Street NE
Atlanta GA, 30308

Interior Features

Total Stories

3


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

School Information

High School

Grady


Elementary School

Hope Hill

Other Property Details

Taxes

$11,893


Tax Frequency

Annually


Garage

Yes


Parking

Garage, Side/Rear Entrance


Parking Total

0


View

No


County

Fulton


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listed by Garry Cotto with Keller Williams Rlty Atl. Part

Based on information from Georgia MLS as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 Georgia MLS. All rights reserved. 

Data last updated 5:56 AM UTC, 2/16/2024

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