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
Carson Cowan
Listed by Carson Cowan with Atlanta Fine Homes Sotheby's International 404-874-0300
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Data last updated 8:09 PM UTC, 1/27/2025