1071 M L King Jr DR SW Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Commercial
Sub Type Commercial,Hotel/Motel
Listing Status New
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $177
MLS Listing ID 10624035
HOA Y/N No
Year Built 1940
Annual Tax Amount $9,998
Tax Year 2024
Lot Size 7,710 Sqft
Acres 0.177
Lot Dimensions 7710.12
Property Sub-Type Commercial,Hotel/Motel
Source Georgia MLS 2
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 Boarding/Rooming House
Interior
Heating Other
Cooling Window Unit(s)
Flooring Laminate,Vinyl
Fireplace No
Exterior
Parking Features Other,Parking Lot
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
Roof Type Composition
Garage No
Private Pool No
Building
Lot Description Near Public Transit
Faces I-75 North toward Atlanta. Continue on I-75 N Take Exit 243 to merge onto GA-166 W / Langford Parkway toward East Point. Take the Westview Drive exit toward Ralph David Abernathy Blvd / Joseph E. Lowery Blvd. Turn right onto Joseph E. Lowery Blvd SW. Turn right onto Martin Luther King Jr. Dr SW. Continue for about 0.3 miles - 1071 Martin Luther King Jr. Drive SW will be on your left.
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Others
Tax ID 14 011500100951
Special Listing Condition Resale