Keller Williams Realty West Atlanta
Listed by Keller Williams Realty West Atlanta
$599,900
1181 Garibaldi St Sw
Details
APN 14 008700092152
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Year Built 1945
Buildings 10
Acreage 0.115
Zoning R5
Parking Spaces 10 spaces
Multifamily
Marketing description
Savvy, smart investors a major price reduction of $80k. Back on the market! Just re-listed for 2026! Sellers took property off the market for nearly 1.5 years.The sellers are motivated reducing the 2024 price tag from $700k to a 2026 new listing price of $599,899k Please note at this discounted listing price , that this solid, structurally sound 1945 block constructed building needs some TLC rehab. *THE BUILDING IS NOT TURNKEY! Primarily the upgrades are aestheics & cosmetics with the kitchen,bathroom areas. Units will need floor coverings, acoustic,drywall ceiling repair. The HVAC system will need replacing and upgrading. New kitchen & bathroom cabinetry will be necessary. Plumbing & Electric are intact. Estimates of a nominal $8.5K to a extensive $15k for remodeling. A new metal roof was put on late September 2021.
This diamond in the rough 10-1bd/ba unit apartment building is located in the up and coming Pittsburg southwest portion of the exterior of downtown ATL. This property is strategically located less then 250 yards from the Pittsburg Yards & the Beltline. There is a 3.5 mile commute to Mercedes Benz Stadium/Arena.
Hartsfield /Jackson International Airport is a 10-minute commute of I-85 south . Georgia Tech is a 8 min commute. Georgia State is a 7 min and the Georgia State Capitol is a 5-min trek from this centrally located building. A new Atlanta Police Precinct Zone 3 is less then 3 miles from the apartment complex. The Pittsburg area is one of the up and coming and best kept secrets in a ever growing Atlanta. A new influx of new building projects, the Beltline and increasing gentrification are giving the Pittsburg promise and a bright future.
FACTS:
10 -1bd/1ba unfurnished units. Approximately 400-/+sq.ft. I bedroom,1bath,1closet, 1kitchen,1kitchenette.
Zoning: R-1(Possibly of beltline overlay criteria)
Property has in place(Non-Conforming Zoning Status Certificate)
Built: 1945
Lot Size-.011
Occupancy -Vacant
On premise parking/street parking
Each unit is seperately metered for electric & gas.
Don't miss out! Don't even worry about catching up, catch on! Come invest and profit with this diamond in the rough money maker!
Listing Contacts
Keller Williams Realty West Atlanta
Listed by Keller Williams Realty West Atlanta
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?

















