916 Greenwood Ave Atlanta, GA 30306

$1,999,000

 

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
Details Values
Bed/Bath 0bd / 0fb / 0hb
Status Active
List Price $1,999,000
MLS# 8899916
Property Type Land Lot
Address 916 Greenwood Ave
Atlanta, GA 30306
Subdivision Virginia Highland
County Fulton
Style
SQFT 0 sqft
Price/SQFT NA
Lot Size 0.69 Acres
Year Built
Interior Features
Master on Main No
Rooms
Kitchen
Laundry
Basement
Interior
Energy
Fireplaces 0
Heating
Cooling
Equipment
Exterior Features
Exterior
Construction
Roof
Parking
Pool
Amenities None
Lot
Water
School Information
Schools Sprngdle P (ES)
D T Howard (MS)
Grady (HS)
Financial Information
Tax ID: 14 001600040298
Annual Taxes: $7,505 (2019)
Annual Assoc. Fee: $0
Additional Information
Listing Courtesy Of Red Rhino LLC

Property Description From County Records
County FULTON
ParcelID 14 001600040298
Census Track/Block 001500/3
Subdivision
Year Built 1930
Legal Description AN DATA VERIFIED6 /15
Acreage 0.23 acres
Plat Book/Page  / 
Tax Assesment
Tax Year 2018
Appraised Land 209000
Appraised Improvements $315,600
Total Tax Appraisal $524,600
Total Assessment $209,840
City Taxes $ 6,498.74
County Taxes $ 2,188.63
Total Taxes $ 8,687.37
Exemption
Exemption Amount $ 0.00
Building Characteristics
SQFT 1,125
Type RESIDENTIAL
Year Built 1930
Total Rooms 6
Bedrooms 3
Full Baths 2
Half Baths
Interior Finish
Air Conditioning
Heat Type FORCED AIR UNIT
Stories 1.00
Foundation
Exterior Wall FRAME/SHINGLE/SIDING
Structural Framing
Roof Framing
Roof Cover Deck
Gas Source PUBLIC
Electric Source PUBLIC
Water Source PUBLIC
Sewer Source PUBLIC
Prior Sales From County Records
Date Amount Book/Page or Document
07/29/2016 $560,000 56476/ 257
07/20/1998 $275,000 25091/ 177
01/01/1998 $275,000 /
09/01/1987 $139,000 /

Contact

Photo of Grace Collins-Francis
Grace Collins-Francis
770-609-5558
 Contact Grace Collins-Francis

Seabrook and Associates, LLC

 

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Perma Link: https://collinsfranc.georgiamls.com/916-greenwood-ave-atlanta-ga-30306/8899916

Contact Grace Collins-Francis 770-609-5558

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