602 W Lake Avenue WAtlanta, GA 30318
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Investor Alert! Duplex & ADU Development Opportunity in Grove Park - Housing Voucher Approved. Seize this prime investment opportunity in the heart of Atlanta. This housing voucher-approved property at 602 West Lake Ave has been recently rezoned for duplex development with an accessory dwelling unit (ADU), making it an ideal asset for investors seeking long-term rental income and high ROI. Sitting on 1/3 acre, this property offers multiple income streams-renovate and rent immediately or develop a brand-new duplex plus an ADU for maximum cash flow. The existing home is well-maintained with wooden accents, a spacious front and backyard, a new HVAC system, and a solid roof, providing a strong foundation for any investment strategy. Key Investor Benefits: Housing Voucher Approved - Secure consistent rental income with government-backed tenants. 100% Conventional Financing & $10,000 Grant Available. Prime Location - MARTA bus stop at your doorstep & Bankhead Station within walking distance. Proximity to Major Attractions - Minutes from the Atlanta Beltline, Westside Park, Proctor Greenway, and Maddox Park. High Rental Demand - Steps from the brand-new KIPP Woodson Park Academy (K-8), attracting families and long-term tenants. Whether you're looking to fix and rent, develop a high-income duplex & ADU, or capitalize on Atlanta's booming rental market, this property delivers incredible potential. Grove Park is rapidly appreciating-don't miss this turnkey or value-add opportunity. Schedule a viewing today and start building your real estate portfolio in one of Atlanta's hottest growth areas.
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| yesterday | Listing updated with changes from the MLS® |
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