85 Meldon Avenue

85 Meldon Avenue, Atlanta, GA 30315

For Sale $355,000
MLS Number 10626933
3 Bedrooms
2 Bathrooms
0 Half Baths
Square Footage - 1,232 *estimated
This offering presents a prime opportunity to acquire a stabilized income producing residential investment property located in the rapidly revitalizing South Atlanta submarket The asset consists of a 3 bedroom 2 bath bungalow totaling approximately 1 232 square feet situated on a corner lot with a large level backyard and convenient off street parking Originally utilized as a short term rental Airbnb the property has since transitioned into a long term tenancy providing consistent monthly income and reduced management intensity The current lease ensures immediate cash flow upon acquisition making this an ideal turnkey investment for both new and seasoned investors The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character Interior improvements include refinished hardwood flooring a fully updated kitchen with white cabinetry and stainless steel appliances upgraded bathrooms and high ceilings throughout The exterior features low maintenance vinyl siding and a welcoming front porch that enhances curb appeal Strategically positioned near Downtown Atlanta Mercedes Benz Stadium Hartsfield Jackson International Airport and the Pittsburgh Yards redevelopment the property benefits from strong rental demand and long term appreciation potential within this rapidly improving corridor
County
Fulton
Neighborhood
South Atlanta
Year Built
1920
Lot Size
Less than .5 Acres
Taxes
$5,144
High School
Carver
Middle School
Price
Elementary School
Slater
85 Meldon Avenue - Map & Directions
view in Google Maps
75 85 to University Ave go East on University South on Pryor Left on Meldon Ave road becomes one way so go around the block with a left on Benjamin Weldon Right on Park Ave Right on Murray the driveway is on the right and street parking is available as well
Summary of 85 Meldon Avenue
85 Meldon Avenue is a 1,232 (*estimated) square foot home with 3 bedrooms and 2 bathrooms located in Atlanta GA, Fulton County. This property is listed for sale at $355,000 and is currently active and accepting offers.
listed by real estate agent shantia whitfield and courtesy of coldwell banker realty
The Rains Team
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404-620-4571
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Suite 500A
Gainesville, GA 30501
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