1393 Markan Ne Drive, Atlanta, GA 30306
- $900,000
- 6
- BD
- 4
- BA
- 2,367
- SqFt
- List Price
- $900,000
- MLS#
- 7838821
- Status
- COMING SOON
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Square Footage
- 2,367
- Lot Size
- 0.37
- Subdivision
- Morningside
- Basement Description
- None
Property Description
1393 & 1395 Markan Drive NE presents an opportunity to acquire a fully furnished duplex with an established short-term rental history and significant development potential in Atlanta’s Morningside/Emory area. The property features two 3-bedroom, 2-bathroom units, each approximately 1,650 SF, that were fully renovated and furnished in 2021. Both units have more than three years of documented short-term rental income, providing a turnkey furnished operation for an investor. Adding to the property's potential are existing architectural plans for a new 3-story, 4-unit multifamily building at the rear of the site, creating the potential for 6 total units. Investors may continue the existing furnished short-term rental strategy, transition to traditional long-term rentals, or pursue the planned expansion. Ideally located minutes from Emory University, the CDC, Emory University Hospital, the VA Medical Center, Virginia-Highland, Druid Hills, Toco Hills, and Decatur. Financials and additional details are available upon execution of a confidentiality agreement. Please reply by email to request a copy.
Additional Information
- Style
- Ranch
- Stories
- One
- Construction
- Frame
- Year Built
- 1960
- Neighborhood Amenities
- None
- Kitchen Features
- Laminate Counters, Tile Counters, View to Family Room, Other
- Interior
- High Ceilings 9 ft Main
- Exterior
- None
- Roof
- Composition
- Lot Dimensions
- 225 x 65
- Parking
- Driveway
- Lot Desc
- Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Morningside-
- Middle School
- David T Howard
- High School
- Midtown
- Acres
- 0.37
- Dock
- None
- Levels
- One
- Taxes
- $12,979
Listing courtesy of Atlanta Leasing & Investment.
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