Keller Williams Metro Atlanta - Kale Wright
1/50
Listing Courtesy Of: Bull Realty, Inc., Andy Lundsberg, First MLS
Local Realty Services Provided By: Keller Williams Realty Intown Atlanta
Overview
What It'll Cost
Neighborhood
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$3,200,000
678 Moreland Avenue NE, Atlanta, GA 30306
.45 ac
$3,200,000

678 Moreland Avenue NE, Atlanta, GA 30306

Estimation provided by Keller Williams Realty Inc.
.45 ac
Active
For Sale
Virtual Tour

Property Description

Rare Opportunity to own this stunning, newly gut renovated 1950’s vintage 10-unit apartment building in the flourishing neighborhood of Poncey-Highland.
The current owner brought the building down to the brick shell and reframed the interior to include all new interiors, new wiring, plumbing, HVAC, etc. These
new spacious units include beautiful contemporary finishes including white cabinetry, granite countertops, stainless appliances and more. All units have in-unit laundry, and some have eat-in kitchens and/or separate sunrooms with plenty of natural light. Situated on just shy of a half-acre site, the property feels
like two separate lots with plenty of extra land that could be potentially developed with additional apartments. As it sits today, there is plenty of parking with ability to park 20 cars if desired. Zoned Poncey-Highland SA-4.

Poncey-Highland is one of the most sought-after neighborhoods in Atlanta due to its location between Virginia Highland, Inman Park and Old Fourth Ward.
Residents will enjoy being just two blocks away from all of the popular restaurants, bars and shops on North Highland Avenue in Virginia Highlands. Residents
are also just steps from Little Five Points and can take Freedom Park to access Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. With such easy access to all of these intown areas, residents can truly enjoy the best of intown living.

PROPERTY HIGHLIGHTS
• Newly gut renovated 10-unit apartment building in the popular Poncey-Highland neighborhood
• 10 spacious new units consisting of 1, 2 and 3 bedroom units
• Includes extra land that could potentially be built on to create more units
• New windows, doors, mechanicals, electric and plumbing
• All units have in-unit laundry
• Extra Storage area in basement
• Walking distance to Freedom Park with easy access to Ponce City Market and the Atlanta Beltline
• Steps from Little Five Points, Inman Park and Virginia Highlands
• Zoned: Poncey-Highland SA-4
• $142,935 Average household income within 1 mile

Property Details

Compare This Home
Overview
Property Type
Residential Income
Year Built
1955
Days on Site
150 Days
HVAC
Central, Central Air
Parking
9 Parking Spaces
Realtor Kale
Keller Williams Metro Atlanta
GREC 271398

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $3,200,000
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Price & Tax History

Date
Event
Price
10/25/2024
Listed
$3,200,000
(+23.08%)
12/22/2020
Sold
$2,600,000
(+145.98%)
03/26/2015
Sold
$1,057,000
(+43.81%)
05/17/2005
Sold
$735,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$35,621
$860,400
Land 293,000 + Additions 567,400
2022
$35,621
(+85.45%)
$860,400
Land 293,000 + Additions 567,400
2021
$19,208
(+15.92%)
$400,240
Land 155,400 + Additions 244,840
2020
$16,570
(-5.34%)
$400,240
Land 155,400 + Additions 244,840
2018
$17,504
(-4.14%)
$400,240
Land 155,400 + Additions 244,840
2017
$18,261
(+83.36%)
$422,800
Land 164,120 + Additions 258,680
2016
$9,959
$422,800
Land 164,120 + Additions 258,680
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Realtor Kale
Keller Williams Metro Atlanta
GREC 271398

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