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Lonnie Latham

lonnie@lathamgroup.com +1(404) 271-7170

$ 279,900

Est. payment -/mo

Save

New

1917 Penelope RD NW Atlanta, GA 30314

6 Beds

3 Baths

9,365 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Subdivision Penelope Neighbor

MLS Listing ID 10541497

Style Brick 4 Side,Ranch

Bedrooms 6

Full Baths 3

HOA Y/N Yes

Year Built 1957

Annual Tax Amount $2,373

Tax Year 22

Lot Size 9,365 Sqft

Acres 0.215

Lot Dimensions 9365.4

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Back on the Market - Appraised Above List Price!!! An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road - a spacious, four-sided brick residence that combines classic durability with investment versatility. This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space - including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup. Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible - delivering guaranteed rent and strong, ongoing tenant demand. ?? Rental Income Potential: * $2,900/month with owner-paid utilities * $2,700/month with tenant-paid utilities That's up to $34,800 in gross annual rent from day one. Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility - perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area. Whether you're a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity. ?? Don't wait - schedule your private showing today and unlock the potential of this West Atlanta gem.

Location

State GA

County Fulton

Rooms

Other Rooms Outbuilding

Basement Exterior Entry, Finished, Full

Dining Room Seats 12+, Separate Room

Interior

Interior Features Master On Main Level, Separate Shower, Tile Bath

Heating Central, Electric, Natural Gas

Cooling Attic Fan, Ceiling Fan(s), Central Air

Flooring Laminate, Vinyl

Fireplaces Type Basement, Factory Built, Living Room

Fireplace Yes

Appliance Dishwasher, Gas Water Heater, Ice Maker, Oven/Range (Combo), Refrigerator

Laundry In Basement

Exterior

Exterior Feature Other

Parking Features Attached, Off Street

Fence Back Yard

Community Features Near Shopping

Utilities Available Sewer Connected, Underground Utilities

View Y/N Yes

View City

Roof Type Composition,Tar/Gravel

Garage Yes

Private Pool No

Building

Lot Description Level

Faces GPS FRIENDLY -

Foundation Block, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction No

Schools

Elementary Schools Woodson

Middle Schools Other

High Schools Douglass

Others

HOA Fee Include Trash

Tax ID 14 017300100158

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Resale

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Lonnie Latham

Associate Broker | License ID: 173109

+1(404) 271-7170

Lonnie Latham

1917 Penelope RD NW Atlanta, GA 30314

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1917 Penelope RD NW