GA > Atlanta > Grove Park
Atlanta, GA 30318,2045 Lois PL NW
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Atlanta, GA 30318,2045 Lois PL NW
Atlanta, GA 30318,2045 Lois PL NW
Atlanta, GA 30318,2045 Lois PL NW
Atlanta, GA 30318,2045 Lois PL NW
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Michael T. Kochie

Michael T. Kochie

+1(415) 786-8255
$ 499,900
Est. payment /mo
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New

2045 Lois PL NW Atlanta, GA 30318

7,492 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Grove Park

MLS Listing ID 10652939

HOA Y/N No

Year Built 2004

Annual Tax Amount $3,144

Tax Year 2024

Lot Size 7,492 Sqft

Acres 0.172

Lot Dimensions 7492.32

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Serious Investment Opportunity: Legal Duplex - Atlanta's Westside Generating Nearly $6,000/Month in Gross Income--Over a 10% Cap Rate | 16.88% Cash-on-Cash Return | Full Rental Potential: $7,000+ Gross Monthly Presenting a premier investment opportunity: a legal, cash-flowing duplex at 2045 Lois Pl NW, priced competitively at $499,900. This high-performing asset is fully occupied and delivers strong returns, giving investors immediate revenue and significantly reducing vacancy risk upon acquisition. Located in Atlanta's rapidly improving West Side, the property stands to benefit from ongoing neighborhood revitalization and long-term appreciation potential. Both units offer an exceptionally desirable layout-5 bedrooms and 3 full bathrooms per unit-ideal for maximizing rental income. Renovated kitchens, hardwood flooring, and solid brick-and-frame construction (built in 2004) further enhance durability and tenant appeal. The location offers excellent connectivity: just a 10-minute walk to the nearest MARTA bus stop and approximately a 16-minute walk to the nearest MARTA Rail Station, providing direct access to Downtown and Midtown Atlanta, shopping, restaurants, banking, and scenic Westside Park. The property has operated as a successful PadSplit co-living rental since 2019 under a single lease. Investors can further boost returns by self-managing, adding approximately 10% additional income per month.

Location

State GA

County Fulton

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Fireplace No

Laundry Common Area, Other

Exterior

Parking Features Parking Pad

Garage Spaces 5.0

Community Features Sidewalks, Street Lights, Park

Utilities Available Other

View Y/N No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Faces Head west on I-20 W, take exit 53 for GA-139, then turn right onto W Lake Ave NW; turn left onto Donald Lee Hollowell Pkwy NW, continue straight onto Hollywood Rd NW, then turn right onto Johnson Rd NW; turn left onto Jones Ave NW, then left onto Lois Pl NW. The house will be on your right.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Boyd

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include None

Tax ID 17 022600030272

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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Michael T. Kochie

Michael T. Kochie

Real Estate Advisor | License ID: 414097

+1(415) 786-8255

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2045 Lois PL NW