Ormewood Park Homes with None Community Features

Ormewood Park Homes with None Community Features

Welcome to Ormewood Park, an enchanting subdivision nestled in the vibrant heart of Atlanta, Georgia. This charming community is a hidden gem in Fulton County, offering an inviting blend of historic character and modern conveniences. With tree-lined streets and a warm, neighborly atmosphere, Ormewood Park is perfect for families, young professionals, and anyone seeking a tranquil retreat just minutes from the bustling city.

Homes in Ormewood Park showcase a delightful variety of architectural styles, from classic bungalows to contemporary builds, ensuring that there’s something to suit every taste. The community is characterized by its unique charm, where each residence tells a story of its own. With homes featuring spacious yards and inviting porches, residents enjoy the perfect setting for outdoor gatherings and peaceful evenings.

One of the standout features of Ormewood Park is its commitment to a close-knit community vibe. There are no community amenities to distract from the natural beauty and charm of the area, allowing residents to fully appreciate the serene surroundings. Instead, neighbors often come together for local events, fostering a sense of belonging and camaraderie that is hard to find elsewhere.

Conveniently located just a stone's throw from downtown Atlanta, Ormewood Park offers easy access to a plethora of dining, shopping, and entertainment options. Whether you’re exploring the nearby parks or indulging in the local culinary scene, you’ll find that Ormewood Park is not just a place to live—it’s a lifestyle. Embrace the charm, community, and convenience that await you in Ormewood Park!

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

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