AtlantaPeoplestown1016 Linam Ave SE

1016 Linam Ave SE
Atlanta, GA 30315

$455,000

Recently Sold  8/28/2023

Sold
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Tools
Open House
Size
Financial
$455,000
Sold  08-28-23
Listing Details
Duplex Homes
Property Type
1955
Year Built
8513342
Web Id
2812573-10191301
MLS ID
405
Days Posted

Description

1016 Linam Ave SE, Atlanta, GA 30315

Amazing investment opportunity in Peoplestown just steps from the Beltline! The property is a classic, legal duplex that consists of two separate rentable units; units are both 2/1 with about 625 sq ft each. More recent updates include a new roof, paint, flooring and appliances 2 years ago. Zoning is R-5 which allows for legal multifamily in the city of Atlanta, and the lot is very wide for the neighborhood at 50ft x 121ft. The immediate area has lots of new construction development due to the excellent location which is very close to many amenities and is walkable to The Beltline, The Beacon, the future Terminal South development (adaptive re-use with food hall), DH Stanton Park, as well as the shops and restaurants of Georgia Ave. Investment options are numerous; rent both sides for a long-term hold, owner-occupant can house-hack by living in one side while doing a short-term rental on the other side, or given the generous lot size and proximity to the Beltline one could redevelop into a larger, modern for-sale duplex. Both sides are currently vacant, the electrical is sub-metered, water is shared to the property, and there is no gas bill.
Price History View all +
Date PriceVarianceTypeProperty link
8/28/2023$455,000+7.06%Sold View listing
8/22/2023$425,000-off market
8/18/2023$425,000-Contract
8/16/2023$425,000-off market
8/14/2023$425,000-Contract
8/11/2023$425,000-Listed
Listing By: Porch Path Realty via Data Source: GA MLS


Located at 1016 Linam Ave SE, Atlanta, Georgia 30315, Peoplestown neighborhood, this listing has been Sold for a price of $455,000 USD. The property was built in 1955,. See all Apartments for Sold in Peoplestown.
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