A rare opportunity to acquire 3 contiguous prime lots currently zoned multifamily RG2 in Virginia Highlands. Combined lot size of 30,000â€™ and street frontage of 150â€™. 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 12,000â€™ 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
Neighborhood: Virginia Highland
- Elementary School: Springdale Park
- Middle School: David T Howard
- High School: Grady
|Utilities:||Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other|
Last updated: 7/23/2021 2:00:48 PM from FMLS
Listing Provided as a Courtesy of Red Rhino, LLC..
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