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757 Monroe Drive, Atlanta, GA 30308

$1,225,000
  • 757 Monroe Drive, Atlanta, GA 30308 Main Photo

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Active
SQUARE FEET3,836 MLS#7859527
STATUS PROPERTY TYPECommercial - Business

Property Description

**A Rare Midtown Opportunity | Historic Character, Income Potential & Compound Possibilities** A truly distinctive opportunity to own an entire 1930s condominium-converted quadplex in one of Midtown Atlanta's most desirable and walkable locations. Across all four condos, there is nearly 3,900 square feet of combined living space, plus extensive exterior patio and deck areas. Just blocks from Piedmont Park and Ponce City Market, this exceptional property places the best of in-town living at your doorstep, with convenient access to Trader Joe's, Whole Foods, Starbucks, local schools and Midtown's celebrated historic energy and amenities. All four residences are currently happily leased, offering immediate rental income and flexibility for the next owner. Whether held as an income-producing investment or explored for a potential conversion into a single-family residence, the property presents a compelling opportunity for investors, subject to applicable zoning, permitting, and feasibility requirements. Significant capital improvements include HardiePlank siding replaced in 2021, freshly painted foyer with custom lighting, a new roof installed in mid-2022 and new HVAC systems in two of the four units. Four private, off-street parking spaces behind the building add valuable convenience in this sought-after urban setting. There is also multiple, covered outdoor patio areas in the front and rear of the building for the residences to enjoy as well. The property's setting is equally appealing, with an adjacent school parking lot providing an unusually open feel and additional separation from neighboring residences. Adding to the opportunity, the neighboring duplex is also available for purchase. Acquiring both properties could create a rare chance to establish a private residential compound encompassing an entire corner, offering expanded ownership and greater flexibility. Whether you envision a distinctive investment portfolio, a multi-property residential retreat, or a long-term redevelopment opportunity, this is a rare chance to secure a substantial foothold in one of Atlanta's most established and sought-after urban neighborhoods!

757 Monroe Drive | MLS# 7859527

This commercial property located at 757 Monroe Drive, Atlanta, GA 30308 is currently listed for sale with an asking price of $1,225,000. Search Atlanta real estate on www.crye-leike.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Taxes: $17,500
Year Built: 1920

Feature Descriptions

Days on Site: 7
Exterior: HardiPlank Type
Interior: High Ceilings 10 or Greater
Owner Pays: Exterior Maintenance, Insurance, Management, Sewer, Taxes, Trash Collection, Water
Parking Notes: Parking Lot
Parking Total: 4
Road Frontage: City Street, Easement
Road Surface: Asphalt, Concrete, Gravel
Sewer: Public Sewer
Special View Info: City
Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Atlanta Fine Homes Sotheby's International
Agency Phone: 404-874-0300

Shown By

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

IDX logo

Source: FMLS

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