GA > Atlanta
Atlanta, GA 30314,1071 M L King Jr DR SW
Atlanta, GA 30314,1071 M L King Jr DR SW
Atlanta, GA 30314,1071 M L King Jr DR SW
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Terin Delisser

Terin Delisser

+1(678) 427-2662
$985,000
Est. payment /mo
5,544 SqFt
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UPDATED:

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

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Georgia MLS - GAMLS
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Terin Delisser

Terin Delisser

Broker | License ID: 368799

+1(678) 427-2662

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1071 M L King Jr DR SW

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