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    916 Greenwood Avenue NE

    Atlanta, GA 30306
    • $2,200,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 6736968
    UPDATED: 231 min ago
    $2,200,000
    • 4
      BEDS
    • 0.69
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    Built:
    1930
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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 AveGross Rent: 910 Greenwood: $3580, 916 Greenwood: $3095, 920 Greenwood: $4509

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    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc. Data last updated 2020-10-01T00:03:29.2. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/106789783
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    916 Greenwood Avenue NE Atlanta, GA 30306

    • Price: $2,200,000
    • Status: Active
    • Updated: 231 min ago
    • MLS #: 6736968
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.69
    Acres
    1930
    Built
    Neighborhood:
    Virginia Highland
    County:
    Fulton
    Area:
    23 - Atlanta North
    Elementary School:
    Springdale Park
    Middle School:
    David T Howard
    High School:
    Grady
    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 AveGross Rent: 910 Greenwood: $3580, 916 Greenwood: $3095, 920 Greenwood: $4509
    Exterior Features

    Architectural Style Other Fencing None Horse Amenities None Lot Features Other Other Structures None Patio And Porch Features None Road Surface Paved Road Type Other Stories One Vegetation Other View CityOther

    Interior Features

    Additional Rooms Other Bedroom Features Other Lower Bedrooms 0 Lower Full Baths 0 Lower Half Baths 0 Main Bedrooms 4 Main Full Baths 2 Main Half Baths 0 Master Bathroom Features Other Upper Bedrooms 0 Upper Full Baths 0 Upper Half Baths 0

    Property Features

    Association YN No Current Classification Multifamily Current Use Multi-Family Current Zoning Rg2 House On Property Yes Lake Name None Lot Size Dimensions X Other Equipment None Owner Financing No Possible Use Multi-Family Property Condition Resale Restrictions Requirements Other Sale Options None School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Special Circumstances Investor OwnedSold As/Is Special Listing Conditions None Tax Year 2019 Taxes 7505.00 Timber Other Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableOther

    Listing provided courtesy of Red Rhino Llc.


    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc. Data last updated 2020-10-01T00:03:29.2. For issues regarding this website, please contact BoomTown.
     
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