1071 M L King Jr Drive, Atlanta, GA

$985,000

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5,544

Square feet

0.18

Acres

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

OfficeKeller Williams Realty ATL Part

Listing Map

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