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$1,999,000
916 Greenwood Ave, Atlanta, GA 30306
0 Beds
0 Baths
n/a sqft

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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
  • Price:
  • $1,999,000
  • Acreage:
  • 0.69
  • Listing ID #:
  • 8899916
  • Street Address:
  • 916 Greenwood Ave
  • City:
  • Atlanta
  • State:
  • Georgia
  • Postal Code:
  • 30306
  • County:
  • Fulton
  • Community:
  • Atn3
  • Subdivision:
  • Virginia Highland
  • Listing Status:
  • Under Contract
  • Listing Type:
  • Land Lot
4
out of 5

Grady High School
Public
School Grade Level 9-12
School Students 1392 students
School Teachers 17 student/
teacher
  • Documents On Hand:
  • Other (see Remarks)
  • Conforms To Zoning:
  • Multifamily
  • Land Improvements:
  • Other (see Remarks), Paved Street
  • Lot Features:
  • 8
  • Lot Size:
  • 1/2 - 1 Acre
  • Lot Size Source:
  • Owner/Seller
  • Vegetation:
  • Other (see Remarks)
  • Days On Market:
  • 131
  • For Sale Or Lease?:
  • For Sale
  • Subdivision:
  • Virginia Highland
  • Price Per Square Foot:
  • 2897101.45
  • Property Taxes:
  • $7,505
  • Tax Year:
  • 2019
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Red Rhino LLC
  • GAMLS

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