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$249,900
17 Days On Site

602 W Lake Avenue W
Atlanta, GA 30318

For Sale|Single Family Residence|Active
2
Beds
2
Full Baths
0
Partial Baths
1,675
SqFt
$149
/SqFt
1930
Built
Subdivision:
Grove Park
County:
Fulton
602 W Lake Avenue W602 W Lake Avenue W602 W Lake Avenue W602 W Lake Avenue W
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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!

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Listing Snapshot
Price 
$249,900
Days On Site 
17 Days
Bedrooms 
2
Inside Area (SqFt) 
1,675 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.309 Acres
Year Built 
1930
MLS® Number 
7564294
Status 
Active
Property Tax 
$1,230
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.309
Foundation 
Slab
Number Of Stories 
1
Parking 
Parking Pad
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
Security 
Security SystemSecurity System Owned
Sewer 
Public Sewer
SqFt Above 
1675
SqFt Total 
1675
Stories 
One
Style 
BungalowCottageRanch
Utilities 
Electricity AvailableNatural Gas Available
Water Source 
Public
Interior Features
Appliances 
DishwasherMicrowaveRefrigerator
Basement 
None
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Double Sided
Fireplaces 
1
Flooring 
Hardwood
Heating 
Natural Gas
Laundry Features 
In Hall
Main Level Bedrooms 
2
Window Features 
Wood Frames
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Exterior Features
Construction Details 
Brick
Exterior 
Other
Fencing 
Front Yard
Lot Features 
Front YardLevelOpen LotRectangular Lot
Other Structures 
None
Patio And Porch 
EnclosedFront Porch
Pool Features 
None
Road Frontage 
City Street
Roof 
Composition
Spa Features 
None
View 
Other
Waterfront Features 
None
Waterview 
Other
Windows/Doors 
Wood Frames
Community Features
Community Features 
SidewalksStreet Lights
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Woodson Park Academy
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Provided Courtesy Of: Asli Ahmed of Indigo Road Realty, LLC asli@indigoroad.com

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Neighborhood & Commute
Source: Walkscore
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