602 W Lake Ave NW
Atlanta, GA 30318
2 Beds2 Baths1,675 Sq Ft48 Days on Market
Listing Agent & Comments
Fixer-Upper with Major Investment Potential in Grove Park - Build, Rent, Profit! Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential-renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot. The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value. This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants. Grove Park is undergoing major revitalization-don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow. Schedule your tour today and bring your vision!
MLS# 10505221 • Data provided by GAMLS
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1930 |
Property Type | Single Family Detached |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$246,291
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage
602 W Lake Ave NW, Atlanta, GA 30318
Single Family Detached2 Beds2 Baths1,675 Sq Ft48 Days on Market
Listing Agent & Comments
Fixer-Upper with Major Investment Potential in Grove Park - Build, Rent, Profit! Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential-renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot. The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value. This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants. Grove Park is undergoing major revitalization-don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow. Schedule your tour today and bring your vision!
MLS# 10505221 • Data provided by GAMLS
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1930 |
Property Type | Single Family Detached |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
Property in Flood Zone | -- |
Data provided by GAMLS.
New
Do you own this home?
Access your homeowner dashboard
602 W Lake Ave NW
Atlanta, GA 30318
2 Beds2 Baths1,675 Sq Ft48 Days on Market
Listing Agent & Comments
Fixer-Upper with Major Investment Potential in Grove Park - Build, Rent, Profit! Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential-renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot. The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value. This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants. Grove Park is undergoing major revitalization-don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow. Schedule your tour today and bring your vision!
MLS# 10505221 • Data provided by GAMLS
Living Area | 1,675 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 8 |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1930 |
Property Type | Single Family Detached |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,554 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$246,291
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard