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$489,000
40 Days On Site

862 Mitchell Street SW
Atlanta, GA 30314

For Sale|Triplex|Active
0
Beds
0
Total Baths
1920
Built
Subdivision:
Owens/F>D Thurmond
County:
Fulton
862 Mitchell Street SW862 Mitchell Street SW862 Mitchell Street SW862 Mitchell Street SW
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Multi-family property with a triplex-style layout – $489,000 (Firm) | $80K+ Instant Equity Just Minutes from Mercedes-Benz Stadium | Turnkey Atlanta Investment Opportunity Welcome to this fully permitted, fully renovated multifamily with a triplex-style layout in the heart of Atlanta! Whether you're an investor, house hacker, or FHA buyer, this property delivers strong cash flow potential and immediate equity. Property Highlights All permits approved, closing with stamped engineer drawings & city zoning approval 2,400+ sq ft – 3 spacious units $140,000 in Renovations – New HVAC, roof, electrical, plumbing, kitchens, baths Projected Gross Rent: $4,575/month+ Certified Appraisal: $580,000 Location: 5 minutes to Downtown Atlanta, close to public transit, schools, and entertainment ?? Unit Breakdown Unit A: $1,600/month – Section 8 tenant in place (24-hour notice required) Unit B: $1,475/month – New tenant moving in July Unit C: Finishing touches in progress – Eligible for FHA 203(k) Why This Property? $80K+ Equity from Day 1 Fully renovated and ready to generate income Ideal for House Hackers, Buy-and-Hold Investors, or FHA Buyers $10,000 Closing Cost Credit with full-price offer Don’t Miss Out Opportunities like this don’t last in 30314!

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Listing Snapshot
Price 
$489,000
Days On Site 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0918 Acres
Year Built 
1920
MLS® Number 
7579097
Status 
Active
Property Tax 
$4,384
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoStatus changed to Active
7 days agoListing updated with changes from the MLS®
7 days agoPrice changed to $489,000
a month agoListing first seen on site
General Features
Acres 
0.0918
Buyer Agent Compensation 
3.00
Number Of Stories 
1
Parking 
None
Property Sub Type 
Triplex
Sewer 
Public Sewer
Stories 
One
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableUnderground UtilitiesWater Available
Water Source 
Public
Interior Features
Cooling 
Attic FanCeiling Fan(s)Central Air
Flooring 
TileVinylWood
Heating 
CentralZoned
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Exterior Features
Construction Details 
BrickFrame
Fencing 
Back Yard
Lot Features 
Level
Roof 
Composition
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Community Features 
None
Schools
School District
Unknown
Elementary School
M. A. Jones
Middle School
Herman J. Russell West End Academy
High School
Booker T. Washington
Listing Provided Courtesy Of: GEORGE ANSONG of Maximum One Greater Atlanta Realtors gansong@bellsouth.net

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Neighborhood & Commute
Source: Walkscore
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