$1,999,000 Status: Pending

916 Greenwood Avenue NE Atlanta, GA 30306

			
					
			
916 Greenwood Avenue NE

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

Schools

  • Elementary
    Springdale Park
  • Junior
    David T Howard
  • High
    Grady
  • Location

  • Subdivision
    Virginia Highland
  • Zip Code
    30306
  • City
    Atlanta
  • County
    Fulton
  • Property Data

  • Status
    Pending
  • MLS #
    6816771
  • Type
    Land
  • Special
    Investor Owned, Sold As/Is
  • Exterior

  • Built In
    1930
  • Stories
    One
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Lot Dimensions
    x
  • Acres
    0.6887
  • Listing Provided Courtesy Of: Red Rhino LLC

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    Data Last updated on July 26, 2021 7:00pm

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