916 Greenwood Avenue NE Atlanta, GA $ 2,400,000
916 Greenwood Avenue NE
$ 2,400,000
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916 Greenwood Avenue NE

Atlanta, GA, 30306
$ 2,400,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 11,444

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916 Greenwood Avenue NE, Atlanta, GA 30306 - Image 1
916 Greenwood Avenue NE, Atlanta, GA 30306 - Image 2
916 Greenwood Avenue NE, Atlanta, GA 30306 - Image 3
916 Greenwood Avenue NE, Atlanta, GA 30306 - Image 4

Lots and Land for sale in Atlanta, GA

for $2,400,000 with 4 bedrooms and 2 full baths. This property was built in 1930 on a lot size of 0.2296 Acre(s).

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.

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Lots and Land Active

Price

$ 2,400,000

Bedrooms

4

Full Bath

2

Property Type

Lots and Land

Taxes

$ 7,505

Style

Other / Unknown

Lot Size

0.2296 Acre(s)

Year Built

1930

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

6736968

Features
Room Sizes
Other
Interior
Sewer Available
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Exterior
Road Frontage Paved
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Miscellaneous
Utilities Electric Natural Gas Phone Line Available TV-Cable Water Available
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* Excluded Features
List By
Ian Mendelson

Listing Agent

Red Rhino Llc

Broker

Affordability Calculator

$12,070
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,444
Monthly Property Taxes
$625
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Springdale Park Elementary School
Inman Middle School
Grady High School

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916 Greenwood Avenue NE, Atlanta, GA, 30306 is a Lots and Land for sale at $2,400,000 with a lot size of 0.2296 Acre(s). 916 Greenwood Avenue NE has 4 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 30306 which is in Atlanta, GA