602 W Lake Nw Ave, Atlanta, GA 30318
$299,900
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Home Description
Fixer-Upper with Major Investment Potential in Grove Park - Build, Rent, Profit! Investor Special! This 2 bed, 2 bath, 1,675 sqft home in Atlanta's fast-growing Grove Park neighborhood is your chance to renovate, rent, and expand. Sitting on a spacious 1/3-acre lot, this property offers multiple streams of income potential-renovate the existing structure, capitalize on Housing Voucher approval for steady rental income, and explore the opportunity to add an ADU or even a second property on the lot. The existing home features original charm with wood accents and a roomy front and backyard, making it a great canvas for investors ready to upgrade and unlock value. This fixer-upper has great bones and is ready for a value-boosting renovation. The lot is large enough to support ADU or duplex development. It is already Housing Voucher approved, offering guaranteed income from day one. You can take advantage of 100% conventional financing and a potential $10,000 grant. The location is ideal with a MARTA bus stop at the door and just minutes from Bankhead Station, the Beltline, Westside Park, and more. It's also close to the new KIPP Woodson Park Academy, making it a great option for families and long-term tenants. Grove Park is undergoing major revitalization-don't miss this opportunity to create a multi-unit income-producing property in one of Atlanta's hottest neighborhoods. Whether you're an experienced investor or looking for your first value-add project, this is the perfect chance to build equity and long-term cash flow. Schedule your tour today and bring your vision!
- MLS #: 10490220G
- Address: 602 W Lake Nw Ave
- City: Atlanta
- Zip: 30318
- County: Fulton
- Subdivision: Grove Park
- Community Features: None
- Square Feet: 1674
- Sq. Ft. Source: Public Records
- Interior of Property: Vaulted Ceiling(s)
- Rooms: Other
- Flooring: Hardwood,Laminate
- Kitchen Appliances: Oven/Range (Combo),Refrigerator
- Fireplace: Family Room
- Number Fireplaces: 1
- Dinning Room: Separate Room
- Laundry: In Kitchen
- Common Walls: No Common Walls,No One Above,No One Below
- Basement: Crawl Space
- Parking: Parking Pad
Available now at $299,900
- Type: Single Family
- Style: Brick 4 Side,Bungalow/Cottage
- Levels: One
- Property Condition: Resale
- Listing Terms: Cash,Conventional,FHA
- Cooling: Central Air
- Heating: Natural Gas
- Sewer: Public Sewer
- Construction Materials: Brick
- Roof Type: Composition,Slate
- Fee Amount: Annually
- Association Fee Includes: None
- Home Warranty: No
- : None None
Neighborhood
The average asking price of a 2 bedroom Atlanta home in this zip code is
$288,760 (3.7% less than this home).
This home is priced at $179/sqft,
which is 71.0% less than similar homes
in the 30318 zip code.
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School Information
- Elementary:Woodson
- Middle School:J. L. Invictus Academy
- High School:Douglass
Financial
- Approx Payment:$1,519*
- Taxes:$1,230
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(832) 207-7120 and speak with one of our real estate consultants.
Popular Homes
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16
0.0%
18.8%
49
$3,179,180
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125
5.6%
22.4%
59
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17
5.9%
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128
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5.0%
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55
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47
2.1%
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76
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1012
2.4%
35.3%
68
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4
0.0%
25.0%
17
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27
0.0%
33.3%
51
$470,516
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50
10.0%
40.0%
62
$298,817
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127
1.6%
33.1%
69
$480,445
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19
0.0%
63.2%
96
$467,720
$434,950
30
3.3%
50.0%
79
$705,145
$675,000
31
3.2%
32.3%
53
$854,000
$840,000
12
0.0%
41.7%
67
$538,857
$506,950
14
0.0%
7.1%
39
$1,609,753
$1,299,000
9
0.0%
33.3%
57
$481,769
$471,800
41
2.4%
41.5%
75
$452,362
$478,750
24
0.0%
37.5%
75
$1,028,216
$817,450
38
2.6%
18.4%
39
$1,677,254
$1,300,000
13
0.0%
15.4%
25
$1,610,272
$1,225,000
25
0.0%
16.0%
26
Listing Courtesy of Indigo Road Realty.
For information or to schedule a viewing of this property (MLS# 10490220G), call: 832 207 7120
602 W Lake Nw Ave, Atlanta GA is a single family home of 1674 sqft and
is currently priced at $299,900
.
This single family home has 2 bedrooms.
A comparable home for sale at 2681 Oldknow Dr in Atlanta is listed at $179,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Royal Oaks Manor, Spinks Estate and Almond Park are nearby neighborhoods.
MLS 10490220G has been posted on this site since 4/1/2025 (today).
2025