769 Penn Avenue NE Atlanta, GA 30308

Single Family Detached MLS #: 7512924 Courtesy Of Atlanta Fine Homes Sotheby's International Realty

$1,390,000

6 beds | 5 baths | 2,720 sq ft
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Est. Property Tax: $16,967
Estimated monthly payments: $7,490/mo.* (recalculate)

Property InformationDescription

This stately Georgian home, located in the historic Midtown Garden District, features two income-producing apartments on the terrace level. Situated on the highly desirable Penn Avenue, this property is just minutes away from Piedmont Park, MARTA, Ponce City Market, the Atlanta Beltline Trail, Trader Joe s, Midtown High School, and a variety of dining, shopping, and entertainment options in the Midtown Business District. Perfect for single-family living with the potential for rental income from the lower-level apartments, this home can also be fully utilized as a rental property, with the option to lease both the main and terrace levels. The slate-roofed, two-story main house offers four bedrooms and three bathrooms, while the terrace level includes two separate one bedroom, one bathroom apartments, each with in-unit laundry. Main home boasts primary suite on first floor, with an oversized living room and dining area, a spacious kitchen that opens to outdoor space, and abundant natural light throughout. The living room features a beautiful fireplace and ample seating area. Upstairs, you'll find three generously sized bedrooms, including a stunning primary suite with a large hall featuring floor-to-ceiling windows, two spacious closets, and an en-suite bathroom. French doors in the upstairs primary suite offer potential for a private outdoor retreat. Private parking pad behind building. 769 Penn Avenue presents a fantastic investment opportunity in one of Atlanta's most sought-after neighborhoods. With its prime location and close proximity to key amenities, this property offers investors a chance to tap into Atlanta's thriving rental market while providing tenants with unparalleled convenience and lifestyle. Don t miss out on this Penn Avenue gem!

Amenities: Private off-street parking for 4-5 vehicles, fenced backyard, two story private rear deck, front porch, freshly landscaped front yard.

Utilities: Electric/Gas - separately metered for each unit. Water - common bill for property.

HVAC: Main level has dedicated unit. Apartments share one unit, but have separate thermostats.

Laundry: All units have in-unit laundry
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: New Traditional
  • Lot Size: 0.17 Acres

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769 Penn Avenue NE, Atlanta, GA 30308
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School Information

769 Penn Avenue NE, Atlanta, GA 30308

Elementary School
Grades PK-5 | Public School
VIRGINIA-HIGHLAND ELEMENTARY SCHOOL
Atlanta, GA 30309
Distance: 1.0 mi
Middle School
Grades 6-8 | Public School
D.T. HOWARD MIDDLE SCHOOL
Atlanta, GA 30312
551 John Wesley Dobbs Ave NE
404.­802.3200
Distance: 1.3 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
1189
High School
Grades 9-12 | Public School
MIDTOWN HIGH SCHOOL
Atlanta, GA 30309
929 Charles Allen Dr NE
404.­802.3001
Distance: 0.5 mi
School Rating
B
Student:Teacher Ratio
17:1
Total Students
1518
Other Nearby Schools Distance Type Grades School Rating
The Childrens School 0.4 mi Private PK-8
The Ellis School Of Atlanta 0.5 mi Private UG
Kindezi Old 4th Ward 0.6 mi Public KG-8 D
Morningside Elementary School 1.0 mi Public KG-5 B+
Centennial Academy 1.1 mi Public KG-8 C-
Cristo Rey Atlanta Jesuit High School 1.1 mi Private 9-12
Hillside Conant School 1.3 mi Public 1-12 F
Hope - Hill Elementary School 1.3 mi Public PK-5 D+
Dar-un-noor Atlanta Science Academy 1.5 mi Private PK-12
Department Of Human Resources 1.6 mi Public PK-12
Atlanta International School - Druid Hills Campus 1.8 mi Private PK-TKG
Springdale Park Elementary School 1.8 mi Public KG-5 A-
Laurel Heights Academy (hospital) 1.9 mi Private 1-12
Uhs Of Laurel Heights 1.9 mi Public 2-12
Imagine Wesley International Academy Charter Facility 2.0 mi Public KG-8 C-
The New School Atlanta 2.1 mi Private 9-12
The New School 2.1 mi Private 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlanta, GA 30308

Median Age: 32.5
Married: 13%
Number of Households: 13,338
Households with Children: 6.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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