Atlanta, GA 30310,1516 Murphy AVE SW
Atlanta, GA 30310,1516 Murphy AVE SW
Atlanta, GA 30310,1516 Murphy AVE SW
Atlanta, GA 30310,1516 Murphy AVE SW
Atlanta, GA 30310,1516 Murphy AVE SW
Atlanta, GA 30310,1516 Murphy AVE SW
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SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

+1(855) 856-9466
$ 425,000
Est. payment | /mo

5 Beds

2 Baths

1,566 SqFt


Save
$ 425,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,566 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,566 sqft

Price per Sqft $271

MLS Listing ID 7497026

Style Ranch

Bedrooms 5

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1920

Annual Tax Amount $4,297

Tax Year 2024

Lot Size 4,874 Sqft

Acres 0.1119

Property 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 **

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Master on Main

Other Rooms None

Basement None

Main Level Bedrooms 5

Dining Room None

Interior

Interior Features Crown Molding

Heating Natural Gas

Cooling Central Air

Flooring Hardwood, Luxury Vinyl

Fireplaces Type None

Window Features None

Appliance Dishwasher, Gas Oven

Laundry None

Exterior

Exterior Feature None

Parking Features Driveway

Fence None

Pool None

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available

Waterfront Description None

View Other

Roof Type Shingle

Street Surface None

Accessibility None

Handicap Access None

Porch Front Porch

Private Pool false

Building

Lot Description Back Yard

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Wood Siding

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools T. J. Perkerson

Middle Schools Sylvan Hills

High Schools G.W. Carver

Others

Senior Community no

Restrictions false

Tax ID 14 012100010095

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Trend Atlanta Realty, Inc.
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1516 Murphy AVE SW