Property
Beds
6
Full Baths
3
1/2 Baths
None
Year Built
1957
Sq.Footage
2,600
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.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Walk-In Closet(s)
-
Total Bedrooms
6
-
Bathrooms
3
Area & Lot
-
Lot Features
Other
-
Lot Size(acres)
0.2152
-
Property Type
Residential
-
Architectural Style
Ranch, Traditional
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Other
-
Parking
Attached
Financial
-
Sales Price
$279,900
-
Tax Amount
4949.0
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Location
County
Fulton
Elementary School
Woodson Park Academy
Middle School
Ralph Bunche
High School
Frederick Douglass
Listing Courtesy of GEORGE ANSONG , Maximum One Greater Atlanta Realtors
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