650 Glen Iris Drive NE # 35 Atlanta GA 30308 | 10075936

650 Glen Iris Drive NE # 35 Atlanta GA 30308 | 10075936
This is an investment portfolio of 4 different properties, all of them unique and with a proven track record as furnished rentals. As-is, this portfolio offers a desirable cap rate, but the rental market offers the potential for greater cash flow. As an added perk, each unit has its own storage unit(s). Troy Peerless Lofts is located in one of Atlanta’s most walkable locations – it is a charming and unique Old Fourth Ward building, directly across from Ponce City Market, and the Atlanta Beltline. These authentic renovated lofts are on the National Register of Historic Places. The Isaac Moscowitz designed building is one of Atlanta’s best remaining examples of Deco Modernism. The flexible floor plans w/modern amenities have all the charm of the original industrial laundry with exposed brick, beams & ductwork, metal truss ceilings, soaring ceilings, and industrial windows. Each unit has a unique floorplan and unique architectural features. The industrial aesthetic gives the lofts a fun, cool feel. The windows let in tons of natural light – they are huge and original. There are black out shades for when you want to relax and sleep in late. Some of the units have concrete floors, some have hardwood floors. All these special features make this a great place to live. Building amenities include rooftop deck for incredible views of the city, side patio with fountain, dog walk, gym and club room. There is so much to do here – you are in the thick of everything and you don’t need a car (even though there are deeded parking spaces). Ponce City Market, the Beltline, and Whole Foods are right outside your door. Getting downtown is a breeze and interstate access is close. Walk or bike to the Beltline, Piedmont Park, yoga, gym, coffee and Ponce City Market where you can find amazing shopping, dining and nightlife! It’s a diverse, friendly neighborhood with a mix of old and new all around! These true historic lofts are rare and are sure to appreciate due to their unique appeal and desirable location.

Property Details

Price:
$1,950,000
MLS #:
10075936
Status:
Active
Beds:
7
Baths:
6.00
Address:
650 Glen Iris Drive NE # 35
Type:
Condo
City:
Atlanta
Listed Date:
Jul 28, 2022
State:
GA
Square Ft (approx):
5,387
ZIP:
30308
Subdivision:
Troy Peerless
Lot Size:
610 sqft / 609.84 acres (approx)
Year Built:
1920

Schools

Elementary School:
Hope Hill
Middle School:
David T Howard
High School:
Grady

Interior

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Flooring
Hardwood
Heating
Electric, Forced Air
Laundry Features
Other

Exterior

Architectural Style
Brick 4 Side
Community Features
Sidewalks, Street Lights, Near Shopping
Construction Materials
Other, Brick
Exterior Features
Other
Parking Features
Assigned
Roof
Other

Financial

Buyer Agent Compensation
3%
HOA Fee
$1,764
HOA Includes
Maintenance Structure, Trash, Maintenance Grounds
Tax Year
2021
Taxes
$22,830

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After successfully working in the greater Atlanta Real Estate market since the mid 1980’s, real estate brokers Jim and Judy Crawford of Hoschton GA realized a life long dream and launched Dream Street® Properties on New Year’s Day 2000! Now, Dream Street® Properties is celebrating over 20 years of successfully making dreams come true by helping folks in the Hoschton Georgia Real Estate market realize their dreams–one home at a time. Judy’s background as a Registered Nurse, CRNI, for ov…

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650 Glen Iris Drive NE # 35
Atlanta, GA