Introducing a rare multifamily investment opportunity located in the highly desirable Chamblee submarket of Atlanta. Situated at 2400 Beverly Hill Dr, this 7,109 square foot apartment building features 8 fully occupied residential units, providing investors with a stable and reliable income-producing asset. Originally constructed in 1963 and renovated in 2017, the property blends classic mid-century construction with modern upgrades that appeal to today's renters. The building currently operates at 100% occupancy, generating consistent cash flow while offering investors the opportunity to capitalize on future rent growth in a rapidly developing area of Metro Atlanta. The property is zoned RM-75, creating a unique value-add and redevelopment opportunity. Based on the zoning and site configuration, the property has the potential to support the development of up to 24 apartment units, allowing investors or developers to significantly increase density and maximize the long-term value of the site. Located near major transportation routes such as Interstate 285 and Interstate 85, the property offers convenient access to Atlanta's key employment centers, retail districts, and lifestyle amenities. The surrounding area continues to benefit from strong residential demand and ongoing redevelopment activity. With its current income stream, full occupancy, and significant redevelopment potential, 2400 Beverly Hill Dr presents a compelling opportunity for investors seeking to expand their multifamily or low-rise/garden apartment portfolio. Whether maintained as a cash-flowing asset or redeveloped into a higher-density project, this property offers both immediate returns and long-term growth potential in one of Metro Atlanta's most active investment corridors.
Location, Location! Location! Prime Chamblee opportunity just minutes from MARTA train station, bus access right outside the subdivision, and quick connectivity to I-75, I-85, and I-285. Approximately 15 minutes to Buckhead and 15-20 minutes to Midtown and Downtown Atlanta. This versatile Colonial-style split-level home is currently generating approximately $4,450 per month in rental income, making it an exceptional opportunity for investors or savvy buyers seeking multi-generational living flexibility. The upper level features 3 bedrooms and 2 full bathrooms, while the lower level offers a private, independent in-law style living area with separate exterior entrance, 2 bedrooms, and 1 full bathroom - ideal for extended family, guests, or additional income potential. Photos were taken prior to current tenants occupying the property. Unfinished basement provides extra storage space and future possibilities. Don't miss this income-producing home in a highly accessible and desirable location.

Chamblee is located in Georgia. Chamblee, Georgia has a population of 29,894. Chamblee is more family-centric than the surrounding county with 29.98% of the households containing married families with children. The county average for households married with children is 28.34%.
The median household income in Chamblee, Georgia is $72,960. The median household income for the surrounding county is $69,423 compared to the national median of $69,021. The median age of people living in Chamblee is 33.7 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 53.1 inches per year, with 1.4 inches of snow per year.