85 Meldon Avenue SE

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located<br />in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling<br />approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking.<br />Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing<br />consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon<br />acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while<br />maintaining its classic architectural character. Interior improvements include refinished hardwood<br />flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded<br />bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a<br />welcoming front porch that enhances curb appeal.<br />Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson<br />International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong<br />rental demand and long-term appreciation potential within this rapidly improving corridor.