916 Greenwood Avenue Ne

Atlanta, Georgia 30306

Closed / MLS #6816771 / Vacant Land / Virginia Highland

Listing information updated 8/3/2021 at 8:22am

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 AveGross Rent: 910 Greenwood: $3580, 916 Greenwood: $3095, 920 Greenwood: $4509Price is firm

Full Features

Architecture Style:

Other

Age:

92 years

Square Feet:

N/A

Acreage:

0.6887

Taxes & Assessments

Tax Amount:

$7,505

Tax Year:

2019

Location

Zip Code:

30306

City:

Atlanta

County:

Fulton

Schools

Elementary School:

Springdale Park

Middle School:

David T Howard

High School:

Midtown

Listing Office: Red Rhino LLC

Listing Office Phone: 770.435.0887

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Virginia Highland, GA

Established in the early 20th century, this beloved historic neighborhood is named for the intersection of Virginia Avenue and North Highland Avenue where the area's residential and entertainment districts converge. Homes in Virginia Highland are sought-after by fans of the neighborhood's modest cen...

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$811,938

Average Sale Price

Average Days On The Market

99%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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916 Greenwood Avenue Ne is a vacant land which sold for $1,940,000. 916 Greenwood Avenue Ne features 4 Beds, 2 Baths. This vacant land has been listed on Ansley Real Estate since December 8th, 2020 and was built in 1930. Nearby schools include Springdale Park, David T Howard, and Midtown.