1071 M L King Jr DR SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Commercial
Sub Type Commercial,Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $177
MLS Listing ID 10624035
Year Built 1940
Annual Tax Amount $9,998
Tax Year 2024
Lot Size 7,710 Sqft
Property Sub-Type Commercial,Hotel/Motel
Property Description
1071 Martin Luther King Jr. Drive SW - 24-Unit Boarding/Rooming House Opportunity Prime Investment near Atlanta's BeltLine! Located just a short walk from the Atlanta BeltLine, MARTA Station, and Washington Park, this 24-unit boarding/rooming house offers excellent potential for redevelopment or income-producing housing. Washington Park features tennis courts, a natatorium, and picnic areas - adding strong appeal for future tenants. Originally built as a boarding/rooming house, the property spans three stories, each with 8 bedrooms, 2 bathrooms, and a shared kitchen - for a total of 24 rooms, 6 bathrooms, and 3 kitchens. Each room includes individual heating and A/C wall units, offering independent comfort for residents. Additional features include: On-site manager's office Existing furniture included in the sale Rear parking pad for residents or staff Property offers a fantastic opportunity to reposition or modernize the building for today's rental market. Location Highlights: Steps to BeltLine Westside Trail Close to MARTA and major transit routes Near Washington Park, Clark Atlanta University, and downtown Atlanta Ideal for Investors, Developers, or Housing Operators seeking a project with built-in potential in a rapidly improving area.
Location
State GA
County Fulton
Zoning Boarding/Rooming House
Interior
Heating Other
Cooling Window Unit(s)
Flooring Laminate,Vinyl
Exterior
Parking Features Other,Parking Lot
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
Roof Type Composition
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Others
Special Listing Condition Resale