1393 Markan Drive NE, Atlanta, GA 30306

$900,000
: 6
BD
: 4
BA
: 3,300
SqFt

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List Price: $900,000
Status: ACTIVE
Days on Market: 0
MLS#: 10847094
Subtype: Residential
Style: Ranch
Year Built: 1960
Bedrooms: 6
Bathrooms: 4
Full Baths: 4
Living Area: 3,300
Lot Size: 14,810
Acres: 0.34
Subdivision: Morningside

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Property Description

1393 & 1395 Markan Drive NE presents an opportunity to acquire a fully furnished duplex with an established short-term rental history and significant development potential in Atlanta's Morningside/Emory area. The property features two 3-bedroom, 2-bathroom units, each approximately 1,650 SF, that were fully renovated and furnished in 2021. Both units have more than three years of documented short-term rental income, providing a turnkey furnished operation for an investor. Adding to the property's potential are existing architectural plans for a new 3-story, 4-unit multifamily building at the rear of the site, creating the potential for 6 total units. Investors may continue the existing furnished short-term rental strategy, transition to traditional long-term rentals, or pursue the planned expansion. Ideally located minutes from Emory University, the CDC, Emory University Hospital, the VA Medical Center, Virginia-Highland, Druid Hills, Toco Hills, and Decatur. Financials and additional details are available upon execution of a confidentiality agreement. Please reply by email to request a copy.

912-289-7355

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Additional Information

Interior Features: High Ceilings, Master On Main Level, Soaking Tub, Tile Bath
Property Description: Ranch
Flooring: Hardwood
Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Microwave
Heating: Central
Air Conditioning: Central Air
Stories: 1 Story
Levels: One
Parking: Off Street
Elementary School: Briar Vista
High School: Midtown