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1640 Lakewood Avenue Se, Atlanta, GA 30315

$175,000
  • 1640 Lakewood Avenue Se, Atlanta, GA 30315 Main Photo

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New to the Market Active
BEDS6 BATHS4 full SQUARE FEET4,757 MLS#7769559
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONLakewood Heights SCHOOLThomas Heathe Slater - G.W. Carver

Property Description

This Lakewood Heights property is a unique investor opportunity with mixed-use zoning and flexible uses! While it is technically being called a duplex because it is on 2 meters, the setup lives more like a quadraplex with 4 separate units and 6 total rooms. The current layout includes two studio-style apartments with 1 bedroom and 1 bathroom each, plus two additional 2-bedroom, 1-bath style units, giving you multiple ways to create rental income under one roof.The mixed-use zoning is where this property really gets interesting. You can renovate the current setup and hold it as a rental, reconfigure the existing units, explore live/work potential, or look into future commercial, residential, or multi-unit redevelopment options. This is not just a standard residential property. It gives you room to think bigger, especially in a corridor already seeing new construction and redevelopment.Inside, the property has several key pieces already in place, including multiple kitchens, multiple bathrooms, gas ranges, white cabinetry, updated-looking flooring, and flexible rooms that can be used for bedrooms, living areas, office space, or tenant setups. The covered front porch gives the property character, and the lot gives you additional space to work with.Located right on Lakewood Avenue in Lakewood Heights, this property sits close to Lakewood Amphitheatre, The Ron Clark Academy, and major Atlanta routes. With 4 separate units, 2 meters, mixed-use zoning, and strong upside in a growing Atlanta location, this is the kind of property investors look for when they want options. Don't wait, take a tour today!

1640 Lakewood Avenue Se | MLS# 7769559

This single family home located at 1640 Lakewood Avenue Se, Atlanta, GA 30315 is currently listed for sale with an asking price of $175,000. This property was built in 1940 and has 6 bedrooms and 4 full baths with 4757 sq. ft. Lakewood Avenue Se is located in the Lakewood Heights subdivision within the Thomas Heathe Slater - G.W. Carver school district. Search Lakewood Heights real estate on online.fusion2b.com today.

Property Features

Property Type: Residential - Single Family
Basement: Bath/Stubbed
Cooling: Central Air
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.27 Acres
Roof Type: Composition
Taxes: $2,111
Year Built: 1940

Feature Descriptions

Appliances: Gas Range, Refrigerator
Days on Site: 3
Dining: Separate Dining Room
Exterior: Wood Siding
Kitchen: Cabinets Other, Laminate Counters
Lot: Back Yard
Lot Dimensions: x
Parking Notes: On Street
Road Frontage: City Street
Road Surface: Paved
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public

Local Schools

High School: G.W. Carver
Middle School: Judson Price
Elementary School: Thomas Heathe Slater
School District: Thomas Heathe Slater - G.W. Carver

Listed By / Shown By

Listed By

Agency Name: Atlanta Communities
Agency Phone: 404-844-4198

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

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Source: FMLS

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Estimated Payment

$ 616.43 per month $389.47 Principal & Interest $175.92 Property Tax $51.04 Homeowner's Insurance

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