About 1393 Markan Drive Ne
1393 & 1395 Markan Drive NE presents an opportunity to acquire a fully furnished duplex with an established short-term rental history and significant development potential in Atlanta’s Morningside/Emory area. The property features two 3-bedroom, 2-bathroom units, each approximately 1,650 SF, that were fully renovated and furnished in 2021. Both units have more than three years of documented short-term rental income, providing a turnkey furnished operation for an investor. Adding to the property's potential are existing architectural plans for a new 3-story, 4-unit multifamily building at the rear of the site, creating the potential for 6 total units. Investors may continue the existing furnished short-term rental strategy, transition to traditional long-term rentals, or pursue the planned expansion. Ideally located minutes from Emory University, the CDC, Emory University Hospital, the VA Medical Center, Virginia-Highland, Druid Hills, Toco Hills, and Decatur. Financials and additional details are available upon execution of a confidentiality agreement. Please reply by email to request a copy.
Features of 1393 Markan Drive Ne
| MLS® # | 7838821 |
|---|---|
| Price | $900,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,367 |
| SqFt Source | Public Records |
| Acres | 0.37 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 1393 Markan Drive Ne |
|---|---|
| Subdivision | Morningside |
| City | Atlanta |
| County | Dekalb - GA |
| State | GA |
| Zip Code | 30306 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 1 |
| Parking | Driveway |
| View | Other |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | High Ceilings 9 ft Main |
|---|---|
| Appliances | Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Range Hood, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Fireplaces | None |
| Stories | One |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Level |
| Windows | Double Pane Windows |
| Roof | Composition |
| Construction | Frame |
School Information
| Elementary | Morningside- |
|---|---|
| Middle | David T Howard |
| High | Midtown |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |