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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1206 Mansfield Avenue NE in Atlanta, GA is listed for $980,000. Built in 1904, on a 0.27 acres lot.

Agent Description

Rare opportunity for Investor OR Owner Occupant to own a 1904 Craftsman Triplex in one of Atlanta's most vibrant and walkable neighborhoods-Candler Park, just one block from the heart of Little Five Points and one street from Freedom Park and the PATH connection to the Atlanta BeltLine.

This distinctive property offers historic character combined with thoughtful updates and strong rental appeal. Classic architectural details include soaring ceilings, decorative coal fireplaces, and an expansive wraparound porch-one of the largest in the neighborhood-perfect for relaxing or enjoying the energy of the neighborhood.

The large, flat lot offers a spacious backyard with pergola, garden space, and significant off-street parking-features rarely found with multi-family properties this close to Little Five Points. Plenty of space to add value in the backyard!! Each unit is unique & offers a comfortable layout with historic charm and varying sizes ranging from around 800 to 1,100 sf.

Unit B can easily function as a 2 bedroom..currently set up as 1 bedroom + large office. Floorplan details are in the Agent Docs Section. All tenants have access to the enormous front porch, 3-5 offstreet parking spots, & spacious backyard. NOTE: current tenants have been long term and landlord has not raised rents, so the current rents are under market value.

Excellent options for increasing revenue for new tenants, or shift to short term rentals for any or all of the units and increase the revenue even more. The property has been carefully maintained by the same owner for the past 14 years and has experienced minimal vacancy...never more than 1 vacant at a time & for less than 2 mo.

Recent improvements include HVACs 2 years new, water heaters 4 years new, main water line 4 years new. All units have their own washer/dryer, refrigerator, dishwasher, gas stove. Unbeatable location within a short distance of Aurora Coffee, The Vortex, Sevananda Natural Foods Market, the Freedom Park trail system, and the Beltline, with convenient access to Virginia-Highland, Inman Park, Decatur, Emory, Midtown, and Downtown.

A truly unique opportunity to own one of the few small multi-family properties in the heart of Candler Park.

Key Features

  • Built in 1904
  • 0.27 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
5 spaces
1904

Amenities

A/C

Monthly Cost Estimate

$5,241/mo

20% down · 6.5% · 30 years

Principal$709
Interest$4,247
Insurance$286

Estimates only. Actual payments may vary.

Location

1206 Mansfield Avenue NE

Atlanta, GA 30307

Candler Park

Property Details

Construction

Shingle Siding

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1206 Mansfield Avenue NE is listed at $980,000. The estimated monthly payment is $4,247 based on 20% down at 6.5% interest.

Key features include: Built in 1904, 0.27 acre lot, 2 stories, 5 parking spaces.

This property is listed by Connie CousinsBaker and can be reached at (404) 233-4142 or connie@conniecousinsbaker.com.

CC

Connie CousinsBaker

Agent at Harry Norman Realtors

(404) 233-4142

Listed by Harry Norman Realtors · View on Broker Site

MLS# 7736294· Source: listhub· Updated 76 days ago

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1206 Mansfield Avenue NE, Atlanta, GA 30307

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