Bought with Carey Skogen
$540,000
$499,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1.09 Acres Lot
SOLD DATE : 07/06/2022
Key Details
Sold Price $540,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Subdivision Westside Atlanta
MLS Listing ID 10048647
Sold Date 07/06/22
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $4,035
Tax Year 2021
Lot Size 1.095 Acres
Property Description
Calling all investors/developers! Rarely available income-producing quadruplex on a 1+ acre lot in booming Westside/Grove Park area & right next to new Westside Reservoir Park (ATLCOs largest park that will soon feed into the Beltline Westside Trail!) Property is down the road from explosive multi-million $ developments at Quarry Yards, a 70 acre master-planned mixed-use development to include a boutique hotel, restaurants, retail and more. This unique lot has frontage along both Hollywood Rd AND quiet side street giving ample opportunity for re-development of this massive lot. Opportunities are endle$$ on this cash cowCa add on, tear down and re-build, or let it sit and watch the equity pile up while developments in this area make the Westside Park/Quarry Yards the next hottest destination in ATL. Current monthly rental income is approx. $4,000, and grossly under-rented. Low taxes, easy access to I-285 and a quick drive to downtown Atlanta, Mercedes Benz Stadium, the Gulch and GA Tech. ThereCOs a reason developers have grabbed almost every lot surrounding this jackpot lot. Zoned R5. Sold As-Is. WILL NOT LAST. Showings at Open Houses ONLY: Sat 6/4, and Sun 6/5 (12pm-3pm) both days. Reviewing all offers Monday 6/4.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Garage Parking Pad
Garage Spaces 4.0
Community Features Walk To Public Transit
Utilities Available Electricity Individual Meters, Water Individual Meters
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Boyd
Middle Schools Harper Archer
High Schools Douglass
Others
Financing UNKN
Special Listing Condition Agent Owned, As Is, Investor Owned, No Disclosure
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Georgia Multiple Listing Service. All Rights Reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
noreplyritzbergrealty@gmail.com
400 Galleria Pkwy SE, Atlanta, GA, 30339, United States