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Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Center Hill
MLS Listing ID 7098742
Sold Date 12/14/22
Construction Status Fixer
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,427
Tax Year 2021
Lot Size 0.371 Acres
Acres 0.371
Property Description
West Midtown Atlanta Revitalization across the street from Center Hill Park and 1.2 Miles away from Microsoft's new Quarry Yards! Zoned MR-3 in booming Center Hill - currently an 8 bed/3bath 3,750 SF Multi -Family home sitting on a little more then 1/3 acre of land. There are a few value plays here - you can rehab existing house-it is totally opened up with fairly new roof preserved -keep structure and develop into a Duplex,Triplex or Quad for massive income potential. You can also tear down and build up to 5 brand new Town Homes - 3 floors up w rooftops like neighboring development's, selling for as much $850k each ! This lot has additional Financial investment incentives since it is included in the Federal opportunity zone& MLK/Hollowell Tax Allocation. Survey+Duplex Floor Plan available.
Location
State GA
County Fulton
Lake Name None
Interior
Heating None
Cooling None
Flooring Other
Window Features Storm Window(s)
Exterior
Garage Driveway, Level Driveway
Fence Back Yard, Fenced, Front Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 5
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Construction Status Fixer
Schools
Elementary Schools Woodson Park Academy
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 017700120129
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Non FMLS Member
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