420 Griffin St., Atlanta, GA 30318

$515,000
Beds Baths Sq. Ft. Taxes Built
0 $6,136 1950
On the market: 1 day short-sale

Est. Monthly Payment:

$3,595($3,084 + $511 taxes*)

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Welcome to 420 Griffin Street NW — an exceptional opportunity to own a triplex in one of Atlanta’s fastest-growing and rapidly revitalizing areas. Conveniently located just minutes from Downtown Atlanta, Mercedes-Benz Stadium, Georgia Tech, the Atlanta BeltLine, and the exciting Centennial Yards redevelopment, this property offers strong upside potential for seasoned investors, developers, and renovation specialists. Each of the three units features 2 bedrooms and 1 full bathroom, along with hardwood flooring, spacious living areas, dedicated kitchen spaces, and custom-tiled bathrooms. The property layout includes one lower-level unit and two upper-level units, creating flexibility for multiple rental strategies or the opportunity to generate income from all three units. The property has experienced vandalism and is in need of major repairs and renovation. Utilities are currently off, and the property is being sold strictly as-is. This is a true value-add opportunity for buyers looking to restore, reposition, or redevelop a multifamily asset in an area experiencing significant growth and redevelopment. Located in the heart of Atlanta’s transforming Westside, the area continues to benefit from major economic investment tied to the 2026 World Cup, Centennial Yards expansion, and ongoing redevelopment projects throughout the surrounding community. Conveniently located near MARTA’s Vine City Station with quick access to I-20 and I-75/85, the property is also positioned near several major colleges and universities including Georgia State University and the AU Center. This triplex is perfect for savvy investors, developers, or owner-occupants seeking to build equity in one of Atlanta's hottest neighborhoods.
Listing courtesy of LORINDA MONTGOMERY, BHGRE Metro Brokers