916 Greenwood Avenue NE

Atlanta, GA 30306

$1,940,000

Status: Sold

  • 4 Bedrooms
  • 2 Full Bathrooms
  • MLS#6816771
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
Map View Street View
Bedrooms4
Bathrooms2
Built In1930
StoriesOne
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Lot Dimensionsx
Acres0.6887
Elementary Springdale Park
Junior David T Howard
High Midtown

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First Multiple Listing Service

Sold By: Red Rhino LLC 770-435-0887

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Data Last updated on April 23, 2024 11:24pm

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