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$425,000
9 Days On Site

1516 Murphy Avenue SW
Atlanta, GA 30310

For Sale|Single Family Residence|Active
5
Beds
2
Full Baths
0
Partial Baths
1,566
SqFt
$271
/SqFt
1920
Built
County:
Fulton

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(404) 377-9000
1516 Murphy Avenue SW1516 Murphy Avenue SW1516 Murphy Avenue SW1516 Murphy Avenue SW
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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 **

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Listing Snapshot
Price 
$425,000
Days On Site 
9 Days
Bedrooms 
5
Inside Area (SqFt) 
1,566 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1119 Acres
Year Built 
1920
MLS® Number 
7497026
Status 
Active
Property Tax 
$4,297
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1119
Buyer Agent Compensation 
2
Foundation 
Slab
Number Of Stories 
1
Parking 
Driveway
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
1566
Stories 
One
Style 
Ranch
Utilities 
Cable AvailableElectricity AvailableNatural Gas Available
Water Source 
Public
Interior Features
Appliances 
DishwasherGas Oven
Basement 
None
Cooling 
Central Air
Electric 
220 Volts
Fireplace Features 
None
Flooring 
Hardwood
Heating 
Natural Gas
Interior 
Crown Molding
Laundry Features 
None
Main Level Bedrooms 
5
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Exterior Features
Construction Details 
Wood Siding
Exterior 
None
Fencing 
None
Lot Features 
Back Yard
Other Structures 
None
Patio And Porch 
Front Porch
Pool Features 
None
Road Frontage 
None
Roof 
Shingle
Spa Features 
None
View 
Other
Waterfront Features 
None
Waterview 
Other
Community Features
Community Features 
None
Horse Property 
None
Roads 
None
Schools
School District
Unknown
Elementary School
T. J. Perkerson
Middle School
Sylvan Hills
High School
G.W. Carver
Listing Provided Courtesy Of: Melissa Michel of Trend Atlanta Realty, Inc. melissa.michel@live.com

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Neighborhood & Commute
Source: Walkscore
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