1917 Penelope Rd NW
Atlanta, GA 30314
4 Beds1.5 Baths1,320 Sq Ft23 Days on Market
Listing Agent & Comments
Let me introduce you to an incredible investment opportunity in West Atlanta - 1917 Penelope Road. Atlanta, GA 30314 This solid, four-sided brick home offers the perfect blend of space, stability, and upside. It features 6 bedrooms, 3 bathrooms, and over 2,600 square feet of finished living space, including a fully finished basement - ideal for owner occupied or flexible tenant setups. Listed at $279,900, the property is structurally sound and only needs light cosmetic updates - making it a perfect low-lift value-add play. Now let's talk cash flow. This home sits in a high-demand rental area and qualifies for the Choice Program, also known as Section 8. That means guaranteed rent and steady tenant demand. You're looking at rental income potential of: ?? $2,900 per month with the owner covering utilities, or ?? $2,700 per month if the tenant covers them. That's up to $34,800 in gross annual rent - from day one. And here's where it gets even better: With just a few cosmetic touches, you can boost the property's value, attract stronger tenants, and increase your equity - all while generating consistent passive income. Add in the finished basement, and you've got serious flexibility - for multi-generational tenants, extra rooms, or even rental by the room. The Choice Program provides guaranteed income, 6-bedroom homes are in short supply, and West Atlanta is trending up fast - with rising values and strong demand. So if you're looking for a plug-and-play rental with long-term potential and steady returns, 1917 Penelope Road is one to move on quickly. Let's talk numbers, walk the property, or get this added to your portfolio today. SELLER OPEN TO SELLER FINANCING
MLS# 10495555 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,320 Sq.Ft. |
---|---|
Lot Size | 9,374 Sq.Ft. |
Total Rooms | 8 |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1957 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | Trash |
Tax Year | 2023 |
Tax Amount | $5,046 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$276,444
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
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1917 Penelope Rd NW, Atlanta, GA 30314
Multifamily4 Beds1.5 Baths1,320 Sq Ft23 Days on Market
Listing Agent & Comments
Let me introduce you to an incredible investment opportunity in West Atlanta - 1917 Penelope Road. Atlanta, GA 30314 This solid, four-sided brick home offers the perfect blend of space, stability, and upside. It features 6 bedrooms, 3 bathrooms, and over 2,600 square feet of finished living space, including a fully finished basement - ideal for owner occupied or flexible tenant setups. Listed at $279,900, the property is structurally sound and only needs light cosmetic updates - making it a perfect low-lift value-add play. Now let's talk cash flow. This home sits in a high-demand rental area and qualifies for the Choice Program, also known as Section 8. That means guaranteed rent and steady tenant demand. You're looking at rental income potential of: ?? $2,900 per month with the owner covering utilities, or ?? $2,700 per month if the tenant covers them. That's up to $34,800 in gross annual rent - from day one. And here's where it gets even better: With just a few cosmetic touches, you can boost the property's value, attract stronger tenants, and increase your equity - all while generating consistent passive income. Add in the finished basement, and you've got serious flexibility - for multi-generational tenants, extra rooms, or even rental by the room. The Choice Program provides guaranteed income, 6-bedroom homes are in short supply, and West Atlanta is trending up fast - with rising values and strong demand. So if you're looking for a plug-and-play rental with long-term potential and steady returns, 1917 Penelope Road is one to move on quickly. Let's talk numbers, walk the property, or get this added to your portfolio today. SELLER OPEN TO SELLER FINANCING
MLS# 10495555 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,320 Sq.Ft. |
---|---|
Lot Size | 9,374 Sq.Ft. |
Total Rooms | 8 |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1957 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | Trash |
Tax Year | 2023 |
Tax Amount | $5,046 |
Property in Flood Zone | -- |
Data provided by GAMLS.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
1917 Penelope Rd NW
Atlanta, GA 30314
4 Beds1.5 Baths1,320 Sq Ft23 Days on Market
Listing Agent & Comments
Let me introduce you to an incredible investment opportunity in West Atlanta - 1917 Penelope Road. Atlanta, GA 30314 This solid, four-sided brick home offers the perfect blend of space, stability, and upside. It features 6 bedrooms, 3 bathrooms, and over 2,600 square feet of finished living space, including a fully finished basement - ideal for owner occupied or flexible tenant setups. Listed at $279,900, the property is structurally sound and only needs light cosmetic updates - making it a perfect low-lift value-add play. Now let's talk cash flow. This home sits in a high-demand rental area and qualifies for the Choice Program, also known as Section 8. That means guaranteed rent and steady tenant demand. You're looking at rental income potential of: ?? $2,900 per month with the owner covering utilities, or ?? $2,700 per month if the tenant covers them. That's up to $34,800 in gross annual rent - from day one. And here's where it gets even better: With just a few cosmetic touches, you can boost the property's value, attract stronger tenants, and increase your equity - all while generating consistent passive income. Add in the finished basement, and you've got serious flexibility - for multi-generational tenants, extra rooms, or even rental by the room. The Choice Program provides guaranteed income, 6-bedroom homes are in short supply, and West Atlanta is trending up fast - with rising values and strong demand. So if you're looking for a plug-and-play rental with long-term potential and steady returns, 1917 Penelope Road is one to move on quickly. Let's talk numbers, walk the property, or get this added to your portfolio today. SELLER OPEN TO SELLER FINANCING
MLS# 10495555 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,320 Sq.Ft. |
---|---|
Lot Size | 9,374 Sq.Ft. |
Total Rooms | 8 |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1957 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | Trash |
Tax Year | 2023 |
Tax Amount | $5,046 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$276,444
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard