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Old Fourth Ward Bungalow Requires Confidence, Patience

[Credit: RE/MAX Around Atlanta Realty]

You hear it all the time: there's no neighborhood with greater buzz than Old Fourth Ward. Ponce City Market and Historic Fourth Ward Park anchor the nabe's northern end, while Edgewood and Highland Avenues hold their own appeal further down the Beltline. Though renovation and development momentum has been building for a while, there's still ample opportunity to find that diamond in the rough, particularly in the vicinity of somewhat notorious Boulevard. Kwanza Hall's latest initiative just might turn around things for the downtrodden stretch of pavement; with that in mind, consider this 1920s bungalow that sits a block over. It's already been nicely - if not luxuriously - renovated, and there's room left for you to add your own touches. $160,000 for 3 beds and 1 bath sounds about right, provided you have ample confidence and time.

· 509 Rankin Street, Atlanta, GA 30308[Intown Elite]