1393 Markan Drive NE, Atlanta, GA 30306

$900,000
6
BD
4
BA
3,300
SqFt

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List Price
$900,000
MLS#
10847094
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
6
Bathrooms
4
Square Footage
3,300
Square Footage Source
Public Records
Lot Size
0.34
Subdivision
Morningside

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.

Additional Information

Style
Ranch
Stories
1 Story
Year Built
1960
Parking
Off Street
Sewer
Public Sewer
Elementary School
Briar Vista
High School
Midtown
Acres
0.34
Levels
One

Listing courtesy of Atlanta Leasing & Investment.

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