About 1071 M L King Jr Drive
1071 Martin Luther King Jr. Drive SW - 24-Unit Boarding/Rooming House Opportunity Prime Investment near Atlanta's BeltLine! Located just a short walk from the Atlanta BeltLine, MARTA Station, and Washington Park, this 24-unit boarding/rooming house offers excellent potential for redevelopment or income-producing housing. Washington Park features tennis courts, a natatorium, and picnic areas - adding strong appeal for future tenants. Originally built as a boarding/rooming house, the property spans three stories, each with 8 bedrooms, 2 bathrooms, and a shared kitchen - for a total of 24 rooms, 6 bathrooms, and 3 kitchens. Each room includes individual heating and A/C wall units, offering independent comfort for residents. Additional features include: On-site manager's office Existing furniture included in the sale Rear parking pad for residents or staff Property offers a fantastic opportunity to reposition or modernize the building for today's rental market. Location Highlights: Steps to BeltLine Westside Trail Close to MARTA and major transit routes Near Washington Park, Clark Atlanta University, and downtown Atlanta Ideal for Investors, Developers, or Housing Operators seeking a project with built-in potential in a rapidly improving area.
Features of 1071 M L King Jr Drive
| MLS® # | 7665171 |
|---|---|
| Price | $985,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,544 |
| SqFt Source | Assessor |
| Acres | 0.18 |
| Year Built | 1940 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1071 M L King Jr Drive |
|---|---|
| City | Atlanta |
| County | Fulton - GA |
| State | GA |
| Zip Code | 30314 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Parking | Parking Lot |
| View | Other |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Reception Area, Restrooms |
|---|---|
| Heating | Other |
| Cooling | Window Unit(s) |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Lot Description | Other |
|---|---|
| Windows | Wood Frames |
| Roof | Other |
| Construction | Cement Siding, Concrete |
Additional Information
| Days on Market | 25 |
|---|---|
| Zoning | SPI1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | Yes |
Listing Details
| Office | Keller Williams Realty ATL Part |
|---|
