800 Myrtle Street Northeast

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800 Myrtle Street Northeast

Atlanta, GA 30308
Asking Price
$1.45M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 4 Units <ul><li>​Historic Midtown Atlanta Fourplex</li><li>​Four Residential Units | Studio, (2) One-Bedroom Units & (1) Two-Bedroom/Two-Bath Unit</li><li>​100% Occupied</li><li>​Over $200,000 in Recent Capital Improvements</li><li>​Walkable to Piedmont Park, Ponce City Market & Atlanta BeltLine</li><li>​Off-Street Parking with Additional Income Potential</li><li>​Turnkey Asset with Minimal Deferred Maintenance</li><li>​Flexible Revenue Strategies Including Traditional Rentals, Corporate Housing, Furnis

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

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