bedrooms
5
bathrooms
2
square feet
1,566
Acreage
0.1119
Open Houses
-
year built
1920
Full Baths
2
Half Baths
0
Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex!
Situated in the Sylvan Hills neighborhood, this rental property offers more than just potential – it's positioned just moments away from the Beltline, a hub of recreation, culture, and community connectivity.
Haven’t you heard the news?
Atrium Health purchased 40 Acres a mile down the road *New Hospital Development* Plus Murphy Crossing *New Mixed Use Development* West End Mall *New Mixed Use Development* Just minutes away from Westview Commercial District, Lee + White’s mixed use-Warehouse Row, Gordon White Park, Lean Draft House, Pittsburg Yards!
This calculates to over a Billion Dollars in Development a mile down the road!! Buy and hold and capitalize for the future! Don't miss this chance to invest in your future and take advantage of the endless possibilities that 1516 Murphy Ave SW presents. With future triplex plans and producing potential income-generating units, coupled with proximity to the Beltline, this property invites visionaries to turn it into a lucrative endeavor. Architectural Plans Available with purchase! Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the Beltline lifestyle. ***Tenants in place, please do not disturb*** **SHOWING DURING DUE DILIGENCE ONLY **
Location | |
Subdivision | N/A |
County | Fulton - GA |
Elementary School | T. J. Perkerson |
Middle School | Sylvan Hills |
High School | G.W. Carver |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 7497026
Listing agent:
Melissa Michel
Listing broker:
Trend Atlanta Realty, Inc.
(770) 777-1321
Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, January 24 2025 at 8:14 p.m. EST
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