602 W Lake AVE NW, Atlanta, GA 30318 - MLS#10475649

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Apr

Mon

Apr

Tue

Apr

Martha Edwards

marthaedwards@maximumonerealtors.com +1(678) 449-8479

$299,900

Est. payment - /mo

0.31 Acres Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Grove Park

MLS Listing ID 10475649

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1930

Annual Tax Amount $1,229

Tax Year 22

Lot Size 0.309 Acres

Acres 0.309

Lot Dimensions 13460.04

Property Sub-Type Multi Family

Property Description

Fixer-Upper with Major Investment Potential in Grove Park - Build, Rent, Profit! Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential-renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot. The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value. This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants. Grove Park is undergoing major revitalization-don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow. Schedule your tour today and bring your vision!

Location

State GA

County Fulton

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Woodson

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14 014500050143

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Resale

Read Less Info

GET MORE INFORMATION

Martha Edwards

+1(678) 449-8479

Broker Associate | License ID: 303798

Broker Associate License ID: 303798

Quick Search

602 W Lake AVE NW Atlanta, GA 30318

Martha Edwards

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION