Skip To Content

722 Florence Place NW

Atlanta, GA 30318
  • $229,900
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 7545612
UPDATED: 41 min ago
$229,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Information

Description

This turnkey, income-producing property offers an excellent investment opportunity! Recently updated and with a tenant already in place, this solid, all-brick 3-bedroom, 1-bathroom home in Grove Park generates $1,900 per month through the Atlanta Housing Authority. Investors can enjoy immediate, hassle-free rental income with no need for additional updates. The current lease ensures reliable, government-backed rental payments, providing a steady, low-risk return. The home features a solid brick exterior, newly refinished hardwood floors, and a functional layout with spacious bedrooms and a bright, inviting living area. The newly updated kitchen with white cabinets and an eat-in dining area creates a seamless flow for everyday living. The long driveway and covered carport offer ample parking, while the fenced-in backyard provides additional space for gatherings or a garden. Located in a thriving neighborhood with major investments fueling growth, this property offers incredible value and long-term potential. Walking distance to Grove Park and just minutes from downtown, Westside Park, Georgia Tech, Mercedes-Benz Stadium, and Beltline access, it is perfectly positioned to benefit from the area's continued development. Easily accessible from major highways, this low-maintenance investment is conveniently located, making it a smart choice for investors seeking reliable, high-yield returns. Don't miss out on this amazing investment opportunity and start collecting rent payments from day one!

Monthly Payment Calculator



First MLS logo Listings identified with the FMLS IDX logo come from FMLS, 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. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-04-26T17:05:21.36. For issues regarding this website, please contact BoomTown.
www.prestigerealtyteam.com/homes/161750078
Print Image

722 Florence Place NW Atlanta, GA 30318

  • Price: $229,900
  • Status: Active
  • On Site: 35 Days
  • Updated: 41 min ago
  • MLS #: 7545612
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1966
Built
Neighborhood:
Grove Park
County:
Fulton - Ga
Area:
Fulton - Ga
Elementary School:
Woodson Park Academy
Middle School:
John Lewis Invictus Academy/Harper-Archer
High School:
Frederick Douglass
Property Description
This turnkey, income-producing property offers an excellent investment opportunity! Recently updated and with a tenant already in place, this solid, all-brick 3-bedroom, 1-bathroom home in Grove Park generates $1,900 per month through the Atlanta Housing Authority. Investors can enjoy immediate, hassle-free rental income with no need for additional updates. The current lease ensures reliable, government-backed rental payments, providing a steady, low-risk return. The home features a solid brick exterior, newly refinished hardwood floors, and a functional layout with spacious bedrooms and a bright, inviting living area. The newly updated kitchen with white cabinets and an eat-in dining area creates a seamless flow for everyday living. The long driveway and covered carport offer ample parking, while the fenced-in backyard provides additional space for gatherings or a garden. Located in a thriving neighborhood with major investments fueling growth, this property offers incredible value and long-term potential. Walking distance to Grove Park and just minutes from downtown, Westside Park, Georgia Tech, Mercedes-Benz Stadium, and Beltline access, it is perfectly positioned to benefit from the area's continued development. Easily accessible from major highways, this low-maintenance investment is conveniently located, making it a smart choice for investors seeking reliable, high-yield returns. Don't miss out on this amazing investment opportunity and start collecting rent payments from day one!
Exterior Features

Construction Materials Brick 4 Sides Dock None Fencing Back Yard Lot Features PrivateOther Number Of Parking Spaces 3 Parking Features CarportDriveway Pool Private YN No Roof Type Composition Stories One View Other Waterfront Features None Window Features Double Pane Windows

Interior Features

Cooling Central Air Flooring Hardwood Heating Central

Property Features

Accessibility Features None Association YN No Community Features None Green Energy Efficient None Green Energy Generation None Home Warranty No Lot Size Dimensions x Number Of Units Total 1 Property Attached YN No Property Condition Resale Proposed Financing 1031 ExchangeCashConventionalFHAVA Loan Security Features None Sewer Public Sewer Special Circumstances None Special Listing Conditions None Tax Year 2024 Taxes 3881 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer Available Water Source Public

Listing provided courtesy of Keller Williams Realty Intown ATL: 404-541-3500.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, 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. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-04-26T17:05:21.36. For issues regarding this website, please contact BoomTown.
 
https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7545612-2.jpg https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7545612-2.jpg https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7545612-2.jpg
Logo
Prestige Real Estate
2300 Lakeview Pkwy, Ste 700
Alpharetta GA, 30004