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$599,990
For Sale

969 Palmetto Avenue SW

Atlanta, GA 30314
0.11 acres | #7715908
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969 Palmetto Avenue SW
12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Exceptional investment opportunity in Atlanta’s desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you’re expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Other
      • Middle SchoolHerman J. Russell West End Academy
      • Parking FeaturesDriveway, Level Driveway
      • High SchoolBooker T. Washington
      • SubdivisionAshview Heights
      • Parcel Number14 011600050098
      • Sewer InformationPublic Sewer
      • CoolingCentral Air
      • Elementary SchoolM. A. Jones
      • CountyFulton - GA
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$599,990
      • HeatingCentral
      • MLS #7715908
      • MLS #7715908
      • Acres0.1148
      • Utility SourcePublic
      • Taxes Annual$8,203
      • Cost599990
      • Property ConditionResale
      • ViewOther
      • Lot FeaturesOther
      • Lot DescriptionOther
      • RoofOther
      • Property SubtypeOther
      • Year Built2003

Location

Legal

​ Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.​

Last Updated: 09/17/2025 9:42 AM. Source: FMLS

Provided By
Listing Agent: River Bonds (#RIVERBO)
Listing Office: Fleur De Lee Realty, LLC (#FDLR01)

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