Bedrooms: 6

Bathrooms: 3

2600 SQ FTSource: Appraiser

1917 Penelope Road NW

Atlanta, GA 30314

$279,900

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.

    MLS Data

  • StatusActive
  • MLS #7595654
  • TypeResidential
  • SpecialSold As/Is

    Interior Details

  • Bedrooms6
  • Bathrooms3
  • Bedroom DescriptionDouble Master Bedroom, Master on Main, Studio
  • RoomsBasement, Bathroom, Bedroom, Laundry
  • BasementFinished Bath, Full, Interior Entry
  • FeaturesHigh Ceilings 9 ft Upper, Walk-In Closet(s)
  • KitchenBreakfast Bar, Breakfast Room, Solid Surface Counters
  • AppliancesDishwasher, Double Oven, Gas Water Heater, Microwave, Range Hood
  • HVACAttic Fan, Ceiling Fan(s), Central Air
  • Fireplaces1
  • Fireplace DescriptionGreat Room

    Exterior Details

  • StyleRanch, Traditional
  • ConstructionBlock
  • Built In1957
  • StoriesArray
  • ParkingAttached
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • SewerPublic Sewer
  • Lot Dimensionsx
  • Acres0.2152

Listing Provided Courtesy Of: Maximum One Greater Atlanta Realtors 770-919-8825

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Data Last updated on July 9, 2025 6:13pm


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