tomo logo

$920,000

Beds
4
Baths
2.0
sq ft
2,726

416 6th St NE, Atlanta, GA 30308

416 6th St NE

Atlanta, GA 30308

  • 5 days on market
ENDLESS POTENTIAL DUPLEX IN DREAM MIDTOWN LOCATION! Opportunity knocks with this versatile property with unparalleled walkability to Piedmont Park, the Eastside Beltline, and Midtown Trader Joe's. A true duplex means it is separately metered - units are stacked with one unit on the main level and another on the upper level, both featuring 2 generous sized bedrooms and 1 bath with washer dryer connections in each unit. The enclosed porches on each level and large back deck host perfect settings for good conversations and winding down time. Wood burning fireplaces, original hardwoods, wood trimmed window casings and crown moldings remain, paying tribute to its original history. This 4 sided brick property sits on an expansive flat lot, with a driveway that extends to the very back of the property that has ample parking for at least 4 vehicles. With a current R-5 zoning, it is an ideal setup for a future garage/carriage house or a creatively designed ADU. This is also the perfect platform to build your dream Midtown home - convert and redesign or tear down and rebuild! The screened in porch and back decks host perfect settings for good conversation and relaxation. Don't miss this chance to own a piece of Midtown charm on a quiet tree lined street with sidewalks. Did we mention the Centennial Olympic Stadium bench from the 1996 Olympics? Seats 4 on the back deck and they come with the sale! Newer systems for both units: water heaters 2019, HVAC 2019, roof under 10 years old. **survey is available and ask about mortgage assumption at 2% rate**

Details

Property type

Single Family Residence

Est. home value

$966,176

Lot size

7,492 sq ft

Price per sq ft

$338

Year built

1925

Annual property taxes

$12,285

Price History

07/02/2024
FMLS

FMLS #7414647

Listed
$920,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic

Loan start date

February 2021

Original loan amount

$525,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

New Conventional, 30 year

Seller

Taco 416 8 Duplex Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:25 PM

Listing updated: 07/05/2024 at 12:46 PM

Listed by: Fidie Ramli, ERA Foster & Bond Phone #: (404) 874-9094

MLS: FMLS #7414647

FMLS logo

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