Active

769 Penn Avenue NE

Atlanta GA, 30308

$1,390,000


Active

Other

Built in 1920

This stately Georgian home, located in the historic Midtown Garden District, features two income-producing apartments on the terrace level. Situated on the highly desirable Penn Avenue, this property is just minutes away from Piedmont Park, MARTA, Ponce City Market, the Atlanta Beltline Trail, Trader Joe's, Midtown High School, and a variety of dining, shopping, and entertainment options in the Midtown Business District. Perfect for single-family living with the potential for rental income from the lower-level apartments, this home can also be fully utilized as a rental property, with the option to lease both the main and terrace levels. The slate-roofed, two-story main house offers four bedrooms and three bathrooms, while the terrace level includes two separate one bedroom, one bathroom apartments, each with in-unit laundry. Main home boasts primary suite on first floor, with an oversized living room and dining area, a spacious kitchen that opens to outdoor space, and abundant natural light throughout. The living room features a beautiful fireplace and ample seating area. Upstairs, you'll find three generously sized bedrooms, including a stunning primary suite with a large hall featuring floor-to-ceiling windows, two spacious closets, and an en-suite bathroom. French doors in the upstairs primary suite offer potential for a private outdoor retreat. Private parking pad behind building. 769 Penn Avenue presents a fantastic investment opportunity in one of Atlanta's most sought-after neighborhoods. With its prime location and close proximity to key amenities, this property offers investors a chance to tap into Atlanta's thriving rental market while providing tenants with unparalleled convenience and lifestyle. Don't miss out on this Penn Avenue gem!

Amenities: Private off-street parking for 4-5 vehicles, fenced backyard, two story private rear deck, front porch, freshly landscaped front yard.
Utilities: Electric/Gas - separately metered for each unit. Water - common bill for property.
HVAC: Main level has dedicated unit. Apartments share one unit, but have separate thermostats.
Laundry: All units have in-unit laundry

7513538

MLS ID

January 23, 2025

Listed

January 27, 2025

Updated

Map

769 Penn Avenue NE
Atlanta GA, 30308

Interior Features

Total Stories

3


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Other

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Corner Lot


Roof

Composition


Sewer

Public Sewer

School Information

High School

Midtown


Elementary School

Fulton - Other

Other Property Details

Taxes

$16,967


Tax Frequency

Annually


Days on Market

4


Garage

Yes


Parking

Garage


Parking Total

4


View

Yes


View Description

Trees/Woods


County

Fulton - GA


Water Source

Public


Pool

No

Green Building Features

Green Features

None

Exclusive Listing Agents

Listed by Carson Cowan with Atlanta Fine Homes Sotheby's International 404-874-0300

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