Ormewood Park Homes with None Community Features

Ormewood Park Homes with None Community Features

Welcome to Ormewood Park, a vibrant and charming subdivision nestled in the heart of Atlanta, Georgia. Located in Fulton County, this picturesque neighborhood is known for its unique blend of historic charm and modern convenience. As you stroll through the tree-lined streets, you'll be captivated by the stunning architecture that ranges from quaint bungalows to contemporary homes, each exuding its own character and warmth.

Ormewood Park is more than just a collection of houses; it's a community that fosters a sense of belonging and connection. With its friendly neighbors and active local associations, residents enjoy a strong community spirit. Families, young professionals, and retirees alike find Ormewood Park to be an ideal place to call home, thanks to its welcoming atmosphere and engaging social scene.

One of the standout features of this subdivision is its commitment to a tranquil lifestyle. With no community features to distract from the natural beauty surrounding you, residents can relish in the peaceful ambiance that Ormewood Park offers. The absence of community amenities allows for more space and privacy, making it perfect for those who appreciate a quieter living environment.

Outdoor enthusiasts will love the proximity to nearby parks and green spaces, perfect for weekend picnics or leisurely walks. Plus, with Atlanta's vibrant urban culture just a short drive away, residents can easily enjoy the best of both worlds—serenity at home and the excitement of city life.

Explore the charm of Ormewood Park and discover why this delightful subdivision is the perfect place to create lasting memories. Your dream home awaits!

Newest Ormewood Park Homes with None Community Features

$815,000
10819471 MLS
Fully Leased, Cash-Flowing Investment in One of Atlanta's Most Desirable Intown Neighborhoods Offered at $815,000, the property presents a rare opportunity to acquire a stabilized, cash-flowing asset in one of Atlanta's most supply-constrained and rapidly appreciating BeltLine neighborhoods. Fully leased with immediate cash flow, this turnkey investment opportunity in Ormewood Park offers stable in-place income in one of Atlanta's strongest long-term growth corridors. Located just 0.4 miles from the newly paved Atlanta BeltLine Southside Trail and within 0.5 miles of Glenwood Park's restaurants, coffee shops, breweries, fitness studios, and neighborhood retail, the property combines dependable current returns with exceptional long-term upside. A corporate-backed tenant has occupied the property continuously for the past three years and has historically renewed each term. Their continued interest in the home offers the next owner the potential for immediate, reliable income with limited vacancy exposure. Ormewood Park has consistently ranked among Atlanta's strongest appreciating intown neighborhoods, fueled by BeltLine expansion, continued redevelopment, and increasing demand from both homeowners and renters seeking walkable, amenity-rich communities. With the BeltLine now paved and easily accessible just minutes away, the property's location is well positioned to continue benefiting from one of Atlanta's most significant infrastructure investments. Current Lease Highlights Current Rent: $4,575/month ($54,900 annual gross rent) Lease Term: July 14, 2026 - July 13, 2027 Occupancy: Fully leased to four tenants under a single lease with joint and several liability. Tenant Responsibilities: Tenants pay all utilities and are responsible for routine interior upkeep and damages beyond normal wear and tear. Landlord Responsibilities: Professional landscaping, routine pest control, and major property maintenance. Financials are underwritten with actual property taxes, estimated insurance, landscaping, and pest control, along with conservative replacement reserves and maintenance allowances. The property is currently self-managed, resulting in a projected 5.04% cap rate at the asking price. Whether you're completing a 1031 exchange, expanding an Atlanta rental portfolio, or acquiring a low-maintenance investment with proven tenant demand, 585 Warwick offers an increasingly rare combination of stable in-place income, a proven leasing history, and a premier intown location. While the property provides immediate cash flow today, its proximity to the Atlanta BeltLine and Glenwood Park positions investors to benefit from continued rent growth, long-term appreciation, and sustained tenant demand for years to come.

585 Warwick Street SE, Atlanta

Listing courtesy of Keller Knapp, Inc.

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