This stately Georgian home, located in the historic Midtown Garden District, features two income-producing apartments on the terrace level. Situated on the highly desirable Penn Avenue, this property is just minutes away from Piedmont Park, MARTA, Ponce City Market, the Atlanta Beltline Trail, Trader Joe’s, Midtown High School, and a variety of dining, shopping, and entertainment options in the Midtown Business District. Perfect for single-family living with the potential for rental income from the lower-level apartments, this home can also be fully utilized as a rental property, with the option to lease both the main and terrace levels. The slate-roofed, two-story main house offers four bedrooms and three bathrooms, while the terrace level includes two separate one bedroom, one bathroom apartments, each with in-unit laundry. Main home boasts primary suite on first floor, with an oversized living room and dining area, a spacious kitchen that opens to outdoor space, and abundant natural light throughout. The living room features a beautiful fireplace and ample seating area. Upstairs, you'll find three generously sized bedrooms, including a stunning primary suite with a large hall featuring floor-to-ceiling windows, two spacious closets, and an en-suite bathroom. French doors in the upstairs primary suite offer potential for a private outdoor retreat. Private parking pad behind building. 769 Penn Avenue presents a fantastic investment opportunity in one of Atlanta's most sought-after neighborhoods. With its prime location and close proximity to key amenities, this property offers investors a chance to tap into Atlanta's thriving rental market while providing tenants with unparalleled convenience and lifestyle. Don’t miss out on this Penn Avenue gem!
Amenities: Private off-street parking for 4-5 vehicles, fenced backyard, two story private rear deck, front porch, freshly landscaped front yard. Utilities: Electric/Gas - separately metered for each unit. Water - common bill for property. HVAC: Main level has dedicated unit. Apartments share one unit, but have separate thermostats. Laundry: All units have in-unit laundry
Assessed Value is a combination of the land and additions.
2023
$17,158
(+22.25%)
$414,440
Land 115,280 +
Additions 299,160
2022
$14,035
(-4.72%)
$339,000
Land 90,840 +
Additions 248,160
2021
$14,730
(+14.04%)
$329,160
Land 88,200 +
Additions 240,960
2020
$12,917
(+108%)
$312,000
Land 83,600 +
Additions 228,400
2018
$6,210
(-4.14%)
$312,000
Land 83,600 +
Additions 228,400
2017
$6,479
(-0.25%)
$364,560
Land 83,600 +
Additions 280,960
2016
$6,495
$150,000
Land 50,120 +
Additions 99,880
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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