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  • $875,000

    550 Joseph E Lowery Blvd NW, Atlanta, GA 30314

    2beds
    1baths
    --sqft
    : 
    Other, Residential Income
    Built in 1960
    -- sqft lot
    $852,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Central air and heat
    THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts @ $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property’s overall market appeal. Property being Sold “AS IS”. THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!
    170 days
    on Zillow
    |
    387
    |
    27
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2025 at 02:51pm

    Listing Provided by:

    Lawrence Leslie,

    Homesmart Realty Partners 770-883-2708

    Source: FMLS GA,MLS#: 7538395MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 550 Joseph E Lowery Blvd NW.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air, Electric
    Features
    • Windows: Double Pane Windows, Wood Frames
    Video & virtual tour

    Property

    Parking
    • Total spaces: 7
    • Parking features: Parking Lot, Paved
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: Back Yard,Chain Link,Fenced,Wood
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.4 Acres
    • Features: Level
    Details
    • Parcel number: 14 011400031272

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Composition,Shingle,Tar/Gravel
    Condition
    • Resale
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Subdivision/Er Elliott Prop
    HOA
    • Has HOA: No
    Location
    • Region: Atlanta

    Financial & listing details

    • Annual tax amount: $5,971
    • Date on market: 3/10/2025
    • Cumulative days on market: 170 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
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