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Monarch Realty Partners

hello@monarchrealtypartners.com +1(770) 815-5299

$ 3,000,000

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702A Myrtle ST NE Atlanta, GA 30308

0.26 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Midtown

MLS Listing ID 7754582

Construction Status Resale

HOA Y/N No

Year Built 1920

Annual Tax Amount $24,873

Tax Year 2025

Lot Size 0.262 Acres

Acres 0.262

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Exceptional Multi-Unit Opportunity in the Heart of Midtown Atlanta - Now Offered at an Unheard Of 5 Cap Rate, This Fully Leased Six-Unit Property Delivers Immediate Cash Flow, Turnkey Condition, and Unmatched Walkability! Located just moments from the Fox Theatre and offering immediate access to Piedmont Park, the Atlanta BeltLine, Ponce City Market, Georgia Tech, Emory University, and MARTA, this property sits in one of Atlanta's most desirable and consistently high-demand rental corridors. Rarely does an opportunity like this come together: 702-710 Myrtle Street is a Six-Unit Compound in the coveted Garden District, featuring Two Fully Renovated Properties plus a Historic Carriage House, all positioned side by side in a premier intown setting. Comprised of Six Well-Appointed Units, this income-producing asset offers the ideal setup for investors seeking immediate cash flow with long-term upside. The offering includes the architecturally stunning 702-706 Myrtle (a Grand Duplex + Two Additional Units in the Carriage House) along with the fully updated duplex at 708-710 Myrtle, creating flexibility to purchase as a portfolio or as separate assets. A shared parking agreement allows for seamless functionality either way. Each unit showcases a thoughtful blend of Updated Interiors and Preserved Historic Details, creating a unique living experience that continues to attract quality tenants. Fully Renovated in 2016 and Meticulously Maintained, both properties are 100% Occupied, Professionally Managed, and truly Turnkey with Low Maintenance for a new owner stepping in on day one. With a strong rental history and a location that speaks for itself, this property presents a rare opportunity to secure a stabilized, multi-unit asset in a premier intown setting. A Massive Rear Parking Lot offers up to 18 Dedicated Spaces - an extremely rare Midtown feature - providing added tenant convenience and future potential for expansion or additional value creation. Whether you're expanding an existing portfolio or entering the investment space, this is the kind of property that checks every box: Location, Condition, and Income Stability.

Location

State GA

County Fulton

Area Midtown

Lake Name None

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood

Window Features None

Exterior

Parking Features Driveway

Fence None

Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks, Street Lights

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Other

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Level, Private

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Virginia-Highland

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 004900100069

Listed by Bolst, Inc.

Nearby Locations

Monarch Realty Partners

Agent | License ID: 164971

+1(770) 815-5299

Monarch Realty Partners

702A Myrtle ST NE Atlanta, GA 30308

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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702A Myrtle ST NE