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 | / |
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