Atlanta buyers bemoaning the astronomical prices of condos in Midtown and, well, everywhere else might not want to sleep on Edgewood, where a tucked-away loft district around Arizona Avenue remains a relatively affordable bastion.
For example, this airy unit at the AZ2 Lofts counts almost 1,300 square feet, two bedrooms, two bathrooms, 11-foot ceilings, an office, and a wealth of natural light.
Earlier this month, it listed at $319,000 (plus $280 monthly HOA fees) and landed a contract in about six days, records show.
Provided the actual sales price is in that ballpark, it works out to $240-something per square foot. Those prices, for strong properties, have long since sailed in many parts of town.
For a decade-old building (AZ2 joined the warehouse conversion Arizona Lofts in 2007), this condo still looks fresh and contemporary, aided by custom tile in the master bathroom and occasional pops of color.
If the presence of track lighting and vessel sinks truly grates, swapping them out might not break the bank.
Outside, the east-facing views of trees, juxtaposed with plenty of potted plants, helps soften the otherwise brutalist balcony.
The condo includes two parking spaces plus a storage unit. Also noteworthy: the building’s concrete-chic exterior and generous amenity area with two saltwater pools, a dog-run, gym, clubhouse, and bike storage.
Given the location around the corner from a MARTA transit station and nearby retail in Edgewood, Candler Park, and Kirkwood, the 45 WalkScore is a bit confounding, but that mark could quickly improve if Pullman Yard transforms as planned in coming years.