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.
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6BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
School Information
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.
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