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Holly Nelson

holly.nelson@evmountains.com +1(706) 455-7400

$ 1,390,000

Est. payment -/mo

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769 Penn AVE NE Atlanta, GA 30308

7,501 Sqft Lot

UPDATED:

01/27/2025 07:44 PM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Midtown

MLS Listing ID 7513538

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1920

Annual Tax Amount $16,967

Tax Year 2024

Lot Size 7,501 Sqft

Acres 0.1722

Property Description

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

Location

State GA

County Fulton

Lake Name None

Interior

Heating Forced Air, Other

Cooling Central Air

Flooring Hardwood

Window Features None

Exterior

Parking Features Garage

Fence None

Community Features None

Utilities Available None

Waterfront Description None

View Trees/Woods

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Corner Lot

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick 4 Sides

New Construction No

Construction Status Resale

Schools

Elementary Schools Fulton - Other

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 004900060784

Special Listing Condition None

Listed by Atlanta Fine Homes Sotheby's International

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Holly Nelson

Associate Broker | License ID: 248829

+1(706) 455-7400

Holly Nelson

769 Penn AVE NE Atlanta, GA 30308

Key Details

Location

Interior

Exterior

Building

Schools

Others

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769 Penn AVE NE