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Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex! Situated in the Sylvan Hills neighborhood, this rental property offers more than just potential – it's positioned just moments away from the Beltline, a hub of recreation, culture, and community connectivity. Haven’t you heard the news? Atrium Health purchased 40 Acres a mile down the road *New Hospital Development* Plus Murphy Crossing *New Mixed Use Development* West End Mall *New Mixed Use Development* Just minutes away from Westview Commercial District, Lee + White’s mixed use-Warehouse Row, Gordon White Park, Lean Draft House, Pittsburg Yards! This calculates to over a Billion Dollars in Development a mile down the road!! Buy and hold and capitalize for the future! Don't miss this chance to invest in your future and take advantage of the endless possibilities that 1516 Murphy Ave SW presents. With future triplex plans and producing potential income-generating units, coupled with proximity to the Beltline, this property invites visionaries to turn it into a lucrative endeavor. Architectural Plans Available with purchase! Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the Beltline lifestyle. ***Tenants in place, please do not disturb*** **SHOWING DURING DUE DILIGENCE ONLY **PROPERTY FEATURES
Room Bedroom Features : Master on Main
Room Kitchen Features : Cabinets White
Utilities : Cable Available, Electricity Available, Natural Gas Available
Water Source : Public
Sewer Source : Public Sewer
Electric : 220 Volts
Parking Features: Driveway
Lot Features : Back Yard
Patio And Porch Features : Front Porch
Roof : Shingle
Architectural Style : Ranch
Property Condition : Updated/Remodeled
Property Condition : Updated/Remodeled
Cooling: Central Air
Heating : Natural Gas
Construction Materials: Wood Siding
Common Walls: No Common Walls
Interior Features: Crown Molding
Appliances : Dishwasher, Gas Oven
Flooring : Hardwood, Luxury Vinyl
Levels : One
PROPERTY DETAILS
Street Address: 1516 Murphy Avenue
City: Atlanta
State: Georgia
Postal Code: 30310
County: Fulton
MLS Number: 7497026
Year Built: 1920
Courtesy of Trend Atlanta Realty, Inc.
City: Atlanta
State: Georgia
Postal Code: 30310
County: Fulton
MLS Number: 7497026
Year Built: 1920
Courtesy of Trend Atlanta Realty, Inc.
Courtesy of Virtual Properties Realty.com
Courtesy of Virtual Properties Realty.com