$1,940,000
$1,999,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
0.69 Acres Lot
SOLD DATE : 07/23/2021
Key Details
Sold Price $1,940,000
Property Type Vacant Land
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Virginia Highland
MLS Listing ID 6816771
Sold Date 07/23/21
Style Other
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1930
Annual Tax Amount $7,505
Tax Year 2019
Lot Size 0.689 Acres
Acres 0.6887
Property Description
A rare opportunity to acquire 3 contiguous prime lots currently zoned multifamily RG2 in Virginia Highlands. Combined lot size of 30,000’ and street frontage of 150’. With 8 apartments on the lot, gross rentals are upwards of $130k per year. A buyer could add additional units to take advantage the allowable FAR of 12,000’ and maximize the return. This property is in the award winning Springdale school district and has multiple options for redevelopment - i.e. townhomes, condos, or apartments. Do NOT disturb tenants or walk the property without permission. Property Address include: 910 Greenwood Ave, 916 Greenwood Ave, 920 Greenwood Ave
Gross Rent: 910 Greenwood: $3580, 916 Greenwood: $3095, 920 Greenwood: $4509
Price is firm
Location
State GA
County Fulton
Area 23 - Atlanta North
Zoning RG2
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Main Level Bedrooms 4
Exterior
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other
View City, Other
Present Use Multi-Family
Street Surface Paved
Porch None
Building
Lot Description Other
Story One
Architectural Style Other
Level or Stories One
New Construction No
Construction Status Resale
Schools
Elementary Schools Springdale Park
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 001600040298
Special Listing Condition None
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Bought with Non FMLS Member
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Broker | License ID: 303073
youragentkesha@legacysouthreg.com
240 Corporate Center Dr, Ste F, Stockbridge, GA, 30281, United States