Atlanta, GA 30312,402 Georgia AVE SE
Atlanta, GA 30312,402 Georgia AVE SE
Atlanta, GA 30312,402 Georgia AVE SE
Atlanta, GA 30312,402 Georgia AVE SE
Atlanta, GA 30312,402 Georgia AVE SE
Atlanta, GA 30312,402 Georgia AVE SE
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Susan Verlander

Susan Verlander

+1(770) 855-5204
$ 949,000
Est. payment | /mo

7,139 Sqft Lot

Save
$ 949,000
Est. payment | /mo
Save

7,139 Sqft Lot

Open House

Sat Jan 24, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Grant Park

MLS Listing ID 7705605

Construction Status Resale

HOA Y/N No

Year Built 1920

Annual Tax Amount $15,019

Tax Year 2025

Lot Size 7,139 Sqft

Acres 0.1639

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Located just one block from the gates of Grant Park, this 3,200 SF historic residence offers a flexible investment in one of Atlanta's most sought-after neighborhoods. Currently configured as a high-yield duplex, this 6BD/4BA property yields a projected $6,500/month in gross rent across 2 spacious units (1,650 SF 3BD/2BA Unit A and 1,550 SF 3BD/2BA Unit B). Both units were vacated in late 2025, providing a clean slate for an investor to capture market rates or for a visionary buyer to convert the structure back into a grand, 3,200 SF single-family estate. The upstairs Unit A has 3 bedrooms and 2 baths and retains its 1920s soul with 12-foot ceilings, original heart pine flooring, and 4 fireplaces, all supported by modern conveniences like a fully renovated kitchen and primary bathroom. The downstairs Unit B also has 3 bedrooms and 2 baths and a brand-new kitchen and primary bath. Overall home updates include a 2020 roof, high-efficiency HVAC and newly paved driveway with parking for 6 vehicles. Snag up this prime location, offering easy access to the most recently paved section of The Beltline, Beacon, and Zoo Atlanta! Plus, the new Publix grocery store is only 1 mile away, nestled in the heart of vibrant Summerhill, where you'll also find Little Bear, Little Tart Bakeshop, Halfway Crooks Beer, Press Shop and Sacred Yoga.

Location

State GA

County Fulton

Area Grant Park

Lake Name None

Interior

Heating Central, Heat Pump, Zoned

Cooling Ceiling Fan(s), Central Air

Window Features Insulated Windows

Exterior

Parking Features Driveway

Fence Front Yard, Wood

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 6

Private Pool false

Building

Lot Description Private

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Wood Siding

Construction Status Resale

Schools

Elementary Schools Parkside

Middle Schools Martin L. King Jr.

High Schools Maynard Jackson

Others

Senior Community no

Tax ID 14 004300020230

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

First Multiple Listing Service(FMLS)
Listed by Compass
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Southcreek Luxury Properties, LLC
Susan Verlander
+1(770) 855-5204
Bradford St NE, Gainesville, GA, 30501, USA
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Bradford St NE, Gainesville, GA, 30501, USA
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402 Georgia AVE SE