1445 Lucile AVE SW, Atlanta, GA 30310
1445 Lucile AVE SW, Atlanta, GA 30310
1445 Lucile AVE SW, Atlanta, GA 30310
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$899,000
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4,486 Sqft Lot
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1445 Lucile AVE SW Atlanta, GA 30310

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Ava Anderson

Ava Anderson

+1(770) 369-5121

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Westview

MLS Listing ID 7853097

Construction Status Resale

HOA Y/N No

Year Built 1935

Annual Tax Amount $11,949

Tax Year 2026

Lot Size 4,486 Sqft

Acres 0.103

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

Turnkey multi-family Investment or Owner Occupant opportunity in rapidly appreciating Historic Westview. The Kelsie is a beautiful Spanish Colonial Revival apartment building fully stabilized currently generating $68,300 in gross rental and laundry income with immediate, high-yield value-add upside. Finish out the fully plumbed 1-bed/1-bath ground floor unit (projected $1,250–$1,300/mo.) to unlock $15,000 in marginal rental income, delivering an estimated 30% Yield on Cost with a $50,000 renovation investment. Continue cosmetic upgrades to interiors, exteriors and common areas and install in Unit washer/dryer hook ups to enhance rents. Extensive Recent Capital Improvements & Renovations include: TPO roof replaced in 2019. HVAC systems replaced for Units #2 and #4 in 2023. Most water heaters recently replaced. Full Interior Renovations: Units #3 & #4 fully renovated in 2018; main-level Units #1 & #2 fully renovated in 2023. Upgraded features include new kitchen/bath cabinetry, plumbing fixtures, quartz/stone countertops, stainless steel appliance packages, tile, luxury flooring, upgraded lighting, and new hardware/window blinds. Exterior & Common Areas improvements included paint, pressure washing, landscaping, drainage, window repairs, and stair/rail maintenance. Prime Westview Location: Situated in the heart of Westview directly across from Kipp Strive Academy and less than 300 feet from the Westside Atlanta Beltline Trail and the incoming 8-acre Enota Park expansion to include with Community Lawn, Boardwalk, Pavilion, Splashpad and Basketball Court. Walk two blocks to neighborhood favorites like Westview Corner Grocery, Firewall, and Augies Café. Just minutes to the Lee & White Mixed-Use District (breweries, dining, and retail), the Atlanta University Center, West End MARTA, Downtown Atlanta stadiums, and Hartsfield-Jackson Airport. Ideal 1031 Exchange and with a Unit coming available in the near term property will work for a "house hacking" Owner Occupant using conventional financing.

Location

State GA

County Fulton

Area Westview

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood, Luxury Vinyl

Window Features None

Exterior

Parking Features None

Fence Back Yard

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Corner Lot, Level

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Tuskegee Airman Global Academy

Middle Schools Herman J. Russell West End Academy

High Schools Fulton - Other

Others

Senior Community no

Tax ID 14 014000050080

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First Multiple Listing Service(FMLS)
Listed by Knapp Realty

NEARBY SCHOOLS & PROPERTIES

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Ava Anderson

Ava Anderson

Broker License ID: 284610

+1(770) 369-5121

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1445 Lucile AVE SW

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