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356 5th St Ne - 3 Units in the Heart of Midtown | For Sale 3 Unit Apartment Building Offered at $1,640,328 CAD Atlanta, GA 30308
Investment Highlights
- Turn-key triplex in Midtown Atlanta, ideal for investors seeking immediate cash flow.
- Fully furnished units currently operated as mid-to-long-term Airbnb rentals (30+ days), rated 4.94.
- Off-street parking in rear; utilities separately metered for easy conversion to traditional long-term rentals.
- Prime location near Piedmont Park, BeltLine Eastside Trail, and Midtown’s vibrant business district.
- Renovated between 2018–2020 with modern finishes, in-unit washer/dryer, and individual HVAC systems.
Executive Summary
Great opportunity to purchase this turn-key cash flowing triplex in the heart of Midtown. This prime location is just a few blocks away from Piedmont Park and walkable to the eastside Beltline trail and Midtown’s business district (popular restaurants, bars, retail, etc.) The current owner operates the property as a mid-to-long-term Airbnb with all units fully furnished (any stays are 30+ days). The owner has run a very successful full-service rental business for several years with a rating of 4.94, allowing for a new owner to benefit day one with minimal effort. Property is being sold with all furnishings. The property can easily be converted to long-term traditional rentals with all units being separately metered for all utilities (including water).
Property Facts
| Price | $1,640,328 CAD | Lot Size | 0.14 AC |
| Price Per Unit | $546,776 CAD | Building Size | 3,600 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2020 |
| Apartment Style | Garden | ||
| Zoning | R5 - Residential | ||
| Price | $1,640,328 CAD |
| Price Per Unit | $546,776 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.14 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1925/2020 |
| Zoning | R5 - Residential |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer
- Kitchen
- Deck
- Patio
Site Amenities
- Furnished Units Available
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 14-0048-0005-016-6 | Improvements Assessment | $287,331 CAD |
| Land Assessment | $149,215 CAD | Total Assessment | $436,546 CAD |
Property Taxes
Parcel Number
14-0048-0005-016-6
Land Assessment
$149,215 CAD
Improvements Assessment
$287,331 CAD
Total Assessment
$436,546 CAD
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356 5th St Ne - 3 Units in the Heart of Midtown | For Sale
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