[ Pending Sale ]

916 Greenwood Avenue NE

, Atlanta - Virginia Highland
[
Price:
$1,999,000
Type:
Lot/Land
Year Built:
1930
Approx. Sq. Ft.:
n/a
Sq. Ft. Source: NA
Bedrooms:
4
Bathrooms:
2
Half-Baths:
n/a
Lot Size:
0.6887 Acres
  • Property Details
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  • Description

    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
    FMLS#: 6816771
    Neighborhood: Virginia Highland

    School Information
    • Elementary School: Springdale Park
    • Middle School: David T Howard
    • High School: Grady

    Home Style
    • Other

    Exterior Features
    Style:Other
    Built In:1930
    Stories:One
    Utilities:Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other
    Acres:0.6887

    Interior Features
    Bedrooms:4
    Bathrooms:2
    Bedroom Description:Other
    Rooms: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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