GA > Atlanta
Atlanta, GA 30314,1071 M L King Jr DR
Atlanta, GA 30314,1071 M L King Jr DR
Atlanta, GA 30314,1071 M L King Jr DR
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$985,000
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5,544 SqFt
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1071 M L King Jr DR Atlanta, GA 30314

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,544 sqft

Price per Sqft $177

MLS Listing ID 7665171

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $9,998

Tax Year 2024

Lot Size 7,710 Sqft

Acres 0.177

Property Sub-Type Mixed Use

Source First Multiple Listing Service

Property Description

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.

Location

State GA

County Fulton

Zoning SPI1

Lake Name None

Rooms

Other Rooms None

Basement Exterior Entry, Other

Interior

Interior Features Reception Area, Restrooms

Heating Other

Cooling Window Unit(s)

Flooring Laminate, Vinyl

Equipment Furniture, List Available

Window Features Wood Frames

Exterior

Parking Features Parking Lot

Fence None

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

Waterfront Description None

View Y/N Yes

View Other

Roof Type Other

Street Surface Paved

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story Three Or More

Foundation Block, Combination

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Cement Siding,Concrete

Construction Status Resale

Others

Senior Community no

Tax ID 14 011500100951

Acceptable Financing Conventional, Other

Listing Terms Conventional, Other

Special Listing Condition Real Estate Owned

Special Circumstances None

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty ATL Part

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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1071 M L King Jr DR

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