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$1,250,000

Beds
Unknown
sq ft
Unknown

695 Cameron M Alexander Blvd NW, Atlanta, GA 30318

695 Cameron M Alexander Blvd NW

Atlanta, GA 30318

  • 18 days on market
10 Unit Apartment Building. (8) 2 bed/1 bath units & (2) 1 bed/1 bath units. The 2 bed units have central heat with window AC. The 1 bed units have window heat/ac units. 2nd floor units have hard woods. 1st floor is on slab. Separately metered for electric and gas. Water is common. 50% occupied with several down units. 4 tenants are paying as shown on rent roll. 1 in process of being evicted. NOT a cap rate deal. Roof & gutters new. Needs renovation. Steps from Westside Beltline Spur. Private parking up front with gated amenity area in the side/rear. Walking Distance to GA Tech and Coca Cola Headquarters. Minutes from Midtown and Downtown Atlanta. MARTA Bus line in front of property. Owner Financing Available with 30% down payment. Sold "as is". Proof of funds required. Great opportunity with subsidized rents in the area as high as $1800+/month.

Details

Property type

Property condition

Fixer

Lot size

0.27 acres

Price per sq ft

Unknown

Year built

1962

Annual property taxes

$5,686

HOA

No

Price History

03/12/2025
FMLS

FMLS #7539614

Listed
$1,250,000
-16.67%
06/03/2024
FMLS

FMLS #7381338

Removed
$1,500,000
05/06/2024
FMLS

FMLS #7381338

Listed
$1,500,000
+300%

Schools & Community

Neighborhood: 

English Avenue

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

David T Howard

High school: 

Booker T. Washington

Community features: 

None

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

Silver Hill Financial Llc

Loan start date

April 2006

Original loan amount

$23,500

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Commercial, 20 year

Seller

Joel L Mack and Sakina C Mack

Lender

Silver Hill Financial Llc

Loan start date

April 2006

Original loan amount

$188,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Commercial, 20 year

Seller

Joel L Mack and Sakina C Mack

Lender

Capital One Mtg Corp

Loan start date

September 2005

Original loan amount

$99,000

Est. remaining balance

Not provided

Interest rate

5.89%

Loan type

Commercial, 1 year

Seller

Joel L Mack and Sakina C Mack

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?

Status: Active

Tomo last checked: 03/31/2025 at 8:50 AM

Listing updated: 03/18/2025 at 2:15 PM

Listed by: Andy Lundsberg, Bull Realty, Inc. Phone #: (404) 876-1640

MLS: FMLS #7539614

FMLS logo

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