Photo 1 of 24
$1,200,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$6,013 |
1955 |
On the market:
0 days
|
View full details, 15 photos, school info, and price history
Package Deal: Two Adjacent Duplexes | Four Income-Producing Units | +/-22,000 Sq Ft of Prime Intown Land. 1461 & 1469 Pine Street NW, Atlanta GA 30309 | Loring Heights **Here's the opportunity: acquire two professionally managed duplexes on adjacent lots in Loring Heights. That's four rental units generating immediate cash flow, plus more than 22,000 square feet of land with a premium corner lot, all in a location where single-family new construction routinely sells for over $1 million. **Who This Is For? The 1031 exchange investor will find everything needed: immediate cash flow, professional management in place, no operational disruption, and substantial land holdings providing appreciation potential. The package structure eliminates the complexity of identifying multiple replacement properties while satisfying exchange requirements. The out-of-state investor benefits from professional management and strong tenant demand driven by Georgia Tech, Midtown, and Piedmont Hospital. The local developer recognizes the corner lot at 1461 Pine Street as a premium development site, while 1469 Pine Street provides ongoing cash flow. The portfolio builder understands that adjacent parcels of this scale become exponentially more valuable as Midtown's expansion continues.
**The Package consists of four 2-bedroom, 1-bath units are currently leased and professionally managed. Turnkey from day one. 1461 Pine Street occupies a substantial corner lot—approximately 14,520 square feet with dual street frontage. Adjacent 1469 Pine Street adds approximately 7,544 square feet. Combined, more than 22,000 square feet of Loring Heights real estate, a scale of holdings that rarely becomes available. The lots run adjacent to each other along Pine Street, with 1461 wrapping the corner at Trabert Avenue. The combined 134 feet of Pine Street frontage, plus the 165 feet of Trabert Avenue frontage on the corner lot, creates development flexibility. Complete rent rolls and investment analysis are available upon request for qualified buyers. **Location and Strategic Value: Loring Heights sits at the convergence of Midtown's northward expansion and Buckhead's southern edge evolution. Piedmont Hospital is less than a mile away. Georgia Tech, Whole Foods, the Atlanta Botanical Garden, and both I-75 and I-85 are within minutes. The neighborhood's tree-lined streets and walkable infrastructure drive consistent rental demand and support long-term appreciation. Single-family new construction here consistently fetches over $1 million, underscoring the land value this package represents. **Strategic Flexibility: Continue operating as rental properties with professional management, generating cash flow while appreciation compounds. Renovate existing units to capture premium rents. Pursue new construction on one or both lots. Develop the corner lot independently while maintaining rental income from the adjacent property. Or hold as a long-term land bank where real estate becomes more valuable as inventory contracts. **The Investment Thesis: You're acquiring immediate cash flow in a neighborhood with consistent rental demand. You're securing substantial land holdings where parcels of this scale are increasingly rare. And you're buying at a blended price of $600,000 per property where comparable new construction regularly exceeds $1 million. Professional management eliminates operational complexity. The package structure creates efficiency and value. And strategic flexibility allows your approach to evolve with market conditions. **How To Move Forward: Whether executing a 1031 exchange, building an Atlanta portfolio, or positioning for future development, 1461 and 1469 Pine Street deliver what experienced investors prioritize.
For detailed rent rolls, investment analysis, or to schedule a private showing call your agent today. Shown by appointment only with at least 72 hours notice. Serious, qualified investors with firm financing in place or proof of funds only.
Listing courtesy of Joshua Keen, Keller Williams Realty Metro Atlanta