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About This Home

This 3-bedroom, 2-bathroom single family at 1248 Barnes Street NW in Atlanta, GA is listed for $490,000 ($384 per sqft). Built in 1930, the home offers 1,276 sqft of living space on a 0.15 acres lot.

Agent Description

PRICE REDUCTION. This is the perfect owner occupant sweat equity project or to buy and hold as investment as an easy, guaranteed rental for years to come! Located in the heart of Atlanta's rapidly evolving and dynamic West Midtown growth corridor, this property sits in the highly coveted Home Park neighborhood, offering a rare blend of urban convenience and stunning skyline views.

1248 Barnes has the historical character of a 1930's cottage on the inside and a lovely garden setting on the outside. Good bones, but the home does need work on both the structural and cosmetics side, maybe move some walls, open up the floor plan, evening out flooring, etc.

The location is a walker's paradise, positioned just steps from dining and retail at Atlantic Station, Westside Park and the Atlantic Station Dog Park. Bordering the Georgia Institute of Technology, the area serves as a vibrant innovation hub, attracting a consistent flow of tech professionals, faculty, and students, making it one of the city's most strategic investment pockets.

For builders, this property has flexible R3 zoning, so could be a canvas for high-end new construction, whether you envision a luxury single-family residence or a high-value duplex. Investors can capitalize on the massive rental demand driven by the nearby university and major corporate employers, while owner-occupants have the chance to transform the existing structure into a custom dream home.

Or simply do basic upgrades needed with some structural and floor work. This property offers unmatched potential in one of Atlanta's high demand neighborhoods. If you choose to work with the original design of the home and only want to do cosmetic upgrades, the roof and HVAC are 7 years old, water heater is 2 years old. Note, 2nd bathroom does not have sink and 3rd bedroom is used as a bedroom but does not have closet, so make the easy upgrade to a 3/2 or 2/2 plus small office. Come see this opportunity for yourself!

Key Features

  • Built in 1930
  • 0.15 acre lot
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
1930

Amenities

ViewHardwoodA/C

Monthly Cost Estimate

$2,621/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,123
Insurance$143

Estimates only. Actual payments may vary.

Location

1248 Barnes Street NW

Atlanta, GA 30318

Home Park

Features & Amenities

Interior Features

Entrance Foyer

Exterior Features

Private Yard

Property Details

Flooring

TileHardwood

Construction

Wood Siding

Views

City

Parking

DrivewayOn Street

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectric RangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1248 Barnes Street NW is listed at $490,000 ($384/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.15 acre lot, 2 parking spaces. Interior Features: Entrance Foyer. Exterior Features: Private Yard.

This property is listed by Marjory Lowman and can be reached at (404) 564-5560 or marjorysellshomes@gmail.com.

ML

Marjory Lowman

Agent at Keller Williams Realty Metro Atlanta

(404) 564-5560

Listed by Keller Williams Realty Metro Atlanta · View on Broker Site

MLS# 7764678· Source: listhub· Updated 50 days ago

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1248 Barnes Street NW, Atlanta, GA 30318

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