Active
$295,000

663 Magnolia Street NW Atlanta, GA 30314

663 Magnolia Street NW Attention Investors! Back on the market at no fault to the Seller. This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

Schools

  • Elementary
    M.R. Hollis Innovation Academy
  • Middle
    M.R. Hollis Innovation Academy
  • High
    Booker T. Washington

    • Location

  • Subdivision
    Vine City
  • Zip Code
    30314
  • City
    Atlanta
  • County
    Fulton - GA

    • Property Data

  • Status
    Active
  • MLS #
    7493893
  • Type
    Residential Income
  • Special
    Investor Owned, No disclosures from Seller, Sold As/Is

    • Exterior

  • Construction
    Aluminum Siding, Vinyl Siding
  • Built In
    1998
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Parking Lot
  • Services
    Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Lot Description
    Level
  • Lot Dimensions
    X
  • Acres
    0.1

    • Listing Provided Courtesy Of: Berkshire Hathaway HomeServices Georgia Properties 404-537-5200

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    Data Last updated on July 12, 2025 11:24am

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