1516 Murphy Sw Ave, Atlanta, GA 30310
$425,000
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Home Description
Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex!
Situated in the Sylvan Hills neighborhood, this rental property offers more than just potential – it's positioned just moments away from the Beltline, a hub of recreation, culture, and community connectivity.
Haven’t you heard the news?
Atrium Health purchased 40 Acres a mile down the road *New Hospital Development* Plus Murphy Crossing *New Mixed Use Development* West End Mall *New Mixed Use Development* Just minutes away from Westview Commercial District, Lee + White’s mixed use-Warehouse Row, Gordon White Park, Lean Draft House, Pittsburg Yards!
This calculates to over a Billion Dollars in Development a mile down the road!! Buy and hold and capitalize for the future! Don't miss this chance to invest in your future and take advantage of the endless possibilities that 1516 Murphy Ave SW presents. With future triplex plans and producing potential income-generating units, coupled with proximity to the Beltline, this property invites visionaries to turn it into a lucrative endeavor. Architectural Plans Available with purchase! Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the Beltline lifestyle. ***Tenants in place, please do not disturb*** **SHOWING DURING DUE DILIGENCE ONLY **
- MLS #: 7497026F
- Address: 1516 Murphy Sw Ave
- City: Atlanta
- Zip: 30310
- County: Fulton
- Community Features: None
- Square Feet: 1566
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Dock : None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Crown Molding
- Rooms: Other
- Flooring: Hardwood,Luxury Vinyl
- Kitchen Features: Cabinets White
- Kitchen Appliances: Dishwasher,Gas Oven
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: Master on Main
- Master Bath: None
- Dinning Room: None
- Laundry: None
- Other Equipment: None
- Patio/Porch Features: Front Porch
- Security Features: None
- Common Walls: No Common Walls
- Basement: None
- Parking: Driveway
- Lot Dimensions: 4874
- Lot Size Acres: 0.11
Available now at $425,000
- Type: Single Family
- Style: Ranch
- Levels: One
- Property Condition: Updated/Remodeled
- Road Type: None
- Cooling: Central Air
- Heating: Natural Gas
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: None
- Construction Materials: Wood Siding
- Roof Type: Shingle
- Other Structures: None
Neighborhood
The average asking price of a 5 bedroom Atlanta home in this zip code is
$471,110 (10.8% more than this home).
This home is priced at $271/sqft,
which is 27.4% less than similar homes
in the 30310 zip code.
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Similar Properties For Sale
$339,900
School Information
- Elementary:T. J. Perkerson
- Middle School:Sylvan Hills
- High School:G.W. Carver
Financial
- Approx Payment:$2,067*
- Taxes:$4,297
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(404) 735-7757 and speak with one of our real estate consultants.
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13
0.0%
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97
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79
2.5%
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100
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14
7.1%
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143
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0.0%
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72
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52
1.9%
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89
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754
2.9%
44.6%
75
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3
0.0%
66.7%
69
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28
0.0%
35.7%
64
$497,452
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38
0.0%
52.6%
81
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115
0.9%
37.4%
74
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13
0.0%
46.2%
76
$430,025
$422,400
20
5.0%
35.0%
60
$714,061
$699,900
23
0.0%
34.8%
46
$595,000
$467,500
6
0.0%
33.3%
64
$530,285
$514,475
10
0.0%
50.0%
80
$1,568,612
$1,274,950
8
0.0%
37.5%
107
$415,556
$415,000
33
0.0%
51.5%
79
$457,565
$374,900
17
0.0%
17.6%
58
$885,887
$739,200
30
0.0%
43.3%
69
$1,992,557
$1,599,000
7
0.0%
14.3%
44
$1,295,688
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17
0.0%
23.5%
65
Listing Courtesy of Trend Atlanta Realty, Inc..
For information or to schedule a viewing of this property (MLS# 7497026F), call: 404-735-7757
1516 Murphy Sw Ave, Atlanta GA is a single family home of 1566 sqft and
is currently priced at $425,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 1123 Arlington Sw Ave in Atlanta is listed at $384,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Mozley Park, Adair Park and West End Park are nearby neighborhoods.
MLS 7497026F has been posted on this site since 12/12/2024 (today).