GA
Fulton
Atlanta
30314
879 Parsons SW Street
879 Parsons SW Street, Atlanta, GA 30314
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Listing Type
other
Listing Status
Active
43
$1,000,000

Home Details for 879 Parsons SW Street

Price
$1,000,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2010
Lot size acres
0.1
County
Fulton
Garage
Days on site
15
MLS Listing#
7715525
Property Description

Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It’s a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

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Property Features
  • Utilities
    • Cable Available
    • Electricity Available
    • Sewer Available
    • Water Available
    • Other
  • Parking
    • Driveway
    • Paved
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
School Information
School Information for 879 Parsons SW Street, Atlanta, GA 30314
Elementary School
M. A. Jones
Middle School
Herman J. Russell West End Academy
High School
Booker T. Washington
Listing Courtesy: Keller Williams Buckhead - 404-604-3800
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Last Updated: 2026-02-06 18:01:18
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EXIT REALTY WEST MIDTOWN
1024 Donald L Hollowell Pkwy N.W Ste A, Atlanta, GA 30318
Office
470 749 9378
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