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219 Joseph E Lowery Blvd SW

Atlanta GA 30314

4
2
1379 sq. ft.
0.09 ac.
Single-Family
Currently for sale - view listing

Overview

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!

Features

4 bedrooms
2 bathrooms
1379 sq. ft. floor area
0.09 ac. lot size
Single-Family

Property history for 219 Joseph E Lowery Blvd SW

2021
Sold
$217,000
21 Jul 2021 by Irina Averyanov, of Keller Williams Rlty.North Atl
2019
Sold
$193,000
12 Mar 2019 by Camille Gonzales, of Pro Realty, LLC

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94% of sellers in Atlanta reported that their sale price either exceeded or met their price expectations.

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Local market activity for 4 bedroom single-family properties in Atlanta

In the last 12 months, 50 four-bedroom single-family properties similar to 219 Joseph E Lowery Blvd SW, have been sold.

This represents a 22% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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