602 W Lake Ave NW
Atlanta, GA 30318
3 Beds1 Bath1,675 Sq Ft3 Days on Market
Listing Agent & Comments
Investor Alert! Duplex & ADU Development OPPORTUNITY in Grove Park- Current 2bed 2bath Property Housing Voucher Approved. Seize this prime investment opportunity in the heart of Atlanta! Sitting on 1/3 acre, the lot provides ample space to build an ADU/and or Duplex while the existing 2-bedroom, 2-bath home can generate rental income immediately. The home is well-maintained, featuring wooden accents, a spacious front and backyard, a new HVAC system, and a solid roof which is a strong foundation for any investment strategy. Key investor benefits include: Housing voucher approval for consistent rental income with government-backed tenants, 100% conventional financing with a $10,000 grant available, and a prime location with a MARTA bus stop at your doorstep and Bankhead Station within walking distance. The property is also minutes from major attractions like the Atlanta Beltline, Westside Park, Proctor Greenway, and Maddox Park. Additionally, it is steps away from the brand-new KIPP Woodson Park Academy (K-8), attracting families and long-term tenants. Whether you're looking to rent immediately, develop a high-income duplex and ADU, or capitalize on Atlanta's booming rental market, this property offers exceptional potential. Grove Park is rapidly appreciating don't miss this turnkey or value-add opportunity. Schedule a viewing today and start building your real estate portfolio in one of Atlanta's hottest growth areas.
MLS# 10475649 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 3 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$293,857
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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602 W Lake Ave NW, Atlanta, GA 30318
Multifamily3 Beds1 Bath1,675 Sq Ft3 Days on Market
Listing Agent & Comments
Investor Alert! Duplex & ADU Development OPPORTUNITY in Grove Park- Current 2bed 2bath Property Housing Voucher Approved. Seize this prime investment opportunity in the heart of Atlanta! Sitting on 1/3 acre, the lot provides ample space to build an ADU/and or Duplex while the existing 2-bedroom, 2-bath home can generate rental income immediately. The home is well-maintained, featuring wooden accents, a spacious front and backyard, a new HVAC system, and a solid roof which is a strong foundation for any investment strategy. Key investor benefits include: Housing voucher approval for consistent rental income with government-backed tenants, 100% conventional financing with a $10,000 grant available, and a prime location with a MARTA bus stop at your doorstep and Bankhead Station within walking distance. The property is also minutes from major attractions like the Atlanta Beltline, Westside Park, Proctor Greenway, and Maddox Park. Additionally, it is steps away from the brand-new KIPP Woodson Park Academy (K-8), attracting families and long-term tenants. Whether you're looking to rent immediately, develop a high-income duplex and ADU, or capitalize on Atlanta's booming rental market, this property offers exceptional potential. Grove Park is rapidly appreciating don't miss this turnkey or value-add opportunity. Schedule a viewing today and start building your real estate portfolio in one of Atlanta's hottest growth areas.
MLS# 10475649 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 3 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
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
602 W Lake Ave NW
Atlanta, GA 30318
3 Beds1 Bath1,675 Sq Ft3 Days on Market
Listing Agent & Comments
Investor Alert! Duplex & ADU Development OPPORTUNITY in Grove Park- Current 2bed 2bath Property Housing Voucher Approved. Seize this prime investment opportunity in the heart of Atlanta! Sitting on 1/3 acre, the lot provides ample space to build an ADU/and or Duplex while the existing 2-bedroom, 2-bath home can generate rental income immediately. The home is well-maintained, featuring wooden accents, a spacious front and backyard, a new HVAC system, and a solid roof which is a strong foundation for any investment strategy. Key investor benefits include: Housing voucher approval for consistent rental income with government-backed tenants, 100% conventional financing with a $10,000 grant available, and a prime location with a MARTA bus stop at your doorstep and Bankhead Station within walking distance. The property is also minutes from major attractions like the Atlanta Beltline, Westside Park, Proctor Greenway, and Maddox Park. Additionally, it is steps away from the brand-new KIPP Woodson Park Academy (K-8), attracting families and long-term tenants. Whether you're looking to rent immediately, develop a high-income duplex and ADU, or capitalize on Atlanta's booming rental market, this property offers exceptional potential. Grove Park is rapidly appreciating don't miss this turnkey or value-add opportunity. Schedule a viewing today and start building your real estate portfolio in one of Atlanta's hottest growth areas.
MLS# 10475649 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 3 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$293,857
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