Fixer Upper
Address
916 Greenwood Ave Atlanta, GA
Price
$ 1,999,000
Property Attributes
  • MLS#8899916
  • TypePending
  • CountyFULTON
  • CityAtlanta
  • AreaAtn3
  • NeighborhoodVirginia Highland
  • Zip30306
  • StyleLand Lot
  • Taxes7505
  • Price$ 1,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.69 Acres
Listing Provided Courtesy Of:
Ian Mendelson with Red Rhino LLC.
Data Source:
Georgia Multiple Listing Service
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

Elementary School Middle School High School
Springdale Park Elementary School David T Howard Middle School Grady High School
Price History
12/11/2020 Listed $1,999,000

General Features

Amenities None
Class Land Lot
Elementary School Springdale Park
Feature Name NONE
High School Grady
Listing Area ATN3
Middle School David T Howard
Price Per Sq Ft 2897101.45
Quadrant NE
Special Conditions As Is, Investor Owned
Status Under Contract
Status Pending
Subdivision Virginia Highland
Tax Year 2019
Taxes 7505
Topography Other (See Remarks)
Type Land Lot
Utilities Cable Tv, Electricity, Natural Gas, Other (See Remarks), Sewer Available, Telephone, Water
Zoning Multifamily

Exterior Features

Acreage Source Owner/Seller
Frontage Type Other (See Remarks), Pavement
Improvements Other (See Remarks), Paved Street
Lot 8
Lot Dimensions x
Lot Size 1/2 - 1 Acre
Lot Size Area 0.69
Structure None
Vegetation Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 30306

Price
AVG $710K
$2M
Taxes
AVG $6,529
$7,505
Visits
AVG 37
52
Walkscore
AVG 63
83
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.