BEDS6
BATHS4 full
SQUARE FEET3,300
MLS#10847094
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMorningside
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.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Central
Home Style: Ranch
Lot Size: 0.34 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $12,205
Year Built: 1960
Feature Descriptions
Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Microwave
Days on Site: 31
Exterior: Brick
Flooring: Hardwood
Interior: High Ceilings, Master On Main Level, Soaking Tub, Tile Bath
Parking Notes: Off Street
Sewer: Public Sewer
Topography: Level
Utilities: Electricity Available, Natural Gas Available
Water: Public
Local Schools
High School: Midtown
Middle School: David T Howard
Elementary School: Briar Vista
Listed By / Shown By
Listed By
Agency Name: Atlanta Leasing & Investment
Agency Phone: 404-348-4448
Shown By
Agency Title: Josey Young & Brady Realty, LLC
Agency Phone: 770-683-1800
Estimate Your Payment
Estimated Payment
$ 3,282.59 per month $2,003.01 Principal & Interest $1,017.08 Property Tax $262.50 Homeowner's Insurance
1393 Markan Drive Ne | MLS# 10847094
This single family home located at 1393 Markan Drive Ne, Atlanta, GA 30306 is currently listed for sale with an asking price of $900,000. This property was built in 1960 and has 6 bedrooms and 4 full baths with 3300 sq. ft. Markan Drive Ne is located in the Morningside subdivision. Search Morningside real estate on www.jybrealty.com today.