2215 Penelope Street Nw, Atlanta, GA 30314

Local realty services provided by:ERA Towne Square Realty, Inc.
2215 Penelope Street Nw,Atlanta, GA 30314
$199,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:james mcgeehan
Office:virtual properties realty. biz
MLS#:7642762
Source:FIRSTMLS

Price summary

  • Price:$199,500

About this home

Recently Remodel Fantastic Turn Key Investment Opportunity! Very nice low maintenance 1 story ranch is fully renovated and rented. $1408 per month thru 3/2026. New Roof Installed Completely updated kitchens with new cabinetry, countertops, and appliances 4 years ago. Bathrooms have been fully updated. Can be bought as a package with SF Home Next Door 2231 Penelope St asking $245,000, Section 8 Rental Income. Automatic payment 1st of the month -Forever investment package you have been looking for! Tenant Pays All utilities Private: tenant occupied. Showing during due diligence period. No HOA. Excellent Opportunity to hold for awhile receiving Section 8 Income- when tenant vacates redo kitchen and flooring and sell it for $340,000 ++ Needs no repair-no money to remain a Section 8 Rental. Its occupied Tenants are not tidy.

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Home facts

  • Year built:1955
  • Listing ID #:7642762
  • Updated:September 29, 2025 at 01:20 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric, Forced Air

Structure and exterior

  • Year built:1955
  • Lot area:0.45 Acres

Schools

  • High school:Frederick Douglass
  • Middle school:John Lewis Invictus Academy/Harper-Archer
  • Elementary school:Woodson Park Academy

Finances and disclosures

  • Price:$199,500
  • Tax amount:$2,570 (2025)
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