Ormewood Park Homes with Crawl Space Basement Type

Ormewood Park Homes with Crawl Space Basement Type

Welcome to Ormewood Park, a picturesque subdivision nestled in the heart of Atlanta, Georgia, within Fulton County. Known for its charming tree-lined streets and vibrant community spirit, Ormewood Park offers a unique blend of urban convenience and suburban tranquility. This neighborhood is not just a place to live; it’s a lifestyle that embraces the essence of Atlanta's rich culture and history.

Ormewood Park boasts a diverse selection of homes, many featuring the coveted crawl space basement type. These homes provide an excellent foundation for both functionality and aesthetics. The crawl space allows for easy access to plumbing and electrical systems, making maintenance a breeze while also offering additional storage options. Imagine having a space where you can stow away seasonal decorations or create a workshop for your hobbies!

The architectural styles in Ormewood Park range from classic bungalows to modern builds, all designed to cater to various tastes and preferences. With spacious layouts and inviting outdoor areas, these homes are perfect for families, young professionals, and anyone looking to enjoy a vibrant community atmosphere.

Living in Ormewood Park means you’re just a stone’s throw away from some of Atlanta’s best parks, local eateries, and boutique shops. The sense of community here is palpable, with friendly neighbors and regular neighborhood events that foster connections and camaraderie.

Whether you’re seeking a cozy home with a crawl space basement to create your dream sanctuary or a community that feels like family, Ormewood Park is the perfect place to call home. Come explore this enchanting neighborhood and discover your next chapter in Atlanta!

Newest Ormewood Park Homes with Crawl Space Basement Type

$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.

$599,900
3 Beds 2 Baths 10775030 MLS
Nestled in the heart of Ormewood Park just a few blocks from the newly opened Eastside Atlanta Beltline, this charming home combines comfort, functionality, and exceptional outdoor living. Situated on a large flat lot, this home offers a flexible floor plan with an option for primary suite on main or enjoy a private upstairs owner's retreat with balcony views overlooking the peaceful, beautifully landscaped backyard. Two additional bedrooms, a second full bath, spacious living room, and separate office are located on the main level. The bright kitchen offers abundant counter space, updated soft-close cabinetry with pull out drawers and spice rack, quartz counters, a custom dining nook with built-in storage, and direct access to the deck for easy indoor-outdoor entertaining. Outside, the deep, private backyard is a true retreat, professionally landscaped with cottage garden charm. A recently rebuilt detached one-car garage provides additional storage and parking, with a dedicated level driveway for 3+ cars. Lovingly maintained and updated, this move-in ready home features a newer roof with transferable warranty, recently painted exterior, encapsulated crawlspace, recent HVACs and water heater, newer double-pane windows with screens, fresh indoor paint, and a new low-maintenance composite deck for grilling and entertaining. An easy walk to the newly opened Atlanta Beltline Eastside segment, Ormewood Square's restaurants and ice cream shop, and the dining, nightlife, and live music of East Atlanta Village. Convenient to downtown Atlanta and ATL Airport. This home offers THE BEST of intown living!

942 Gilbert Street SE, Atlanta

Listing courtesy of HomeSmart.

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