916 Greenwood Avenue NEAtlanta, GA, 30306
$ 2,400,000Bedrooms4 Baths2.0
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.
Utilities Electric Natural Gas Phone Line Available TV-Cable Water Available
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List By Ian Mendelson
- Monthly Principal & Interest
- Monthly Property Taxes
- 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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Lots and land listings in Atlanta, GA
Average List Price $758,800
Percent of Sale Price 68%
About Atlanta, GA
$ 51,650 Median Income
34.49 Median Age
19% Households with Children
Springdale Park Elementary School
Inman Middle School
Grady High School