Viewing Listing MLS# 7258345
Atlanta, GA 30317
- 4Beds
- 3Full Baths
- N/AHalf Baths
- N/A SqFt
- 1962Year Built
- 1.60Acres
- MLS# 7258345
- Land
- Single Family Residence
- Active
- Approx Time on Market1 year, 1 month, 23 days
- AreaN/A
- CountyDekalb - GA
- Subdivision None
Overview
You could build your dream house right here on this rare huge intown lot of 1.6 acres. Owner lives in this house now. Perfect investment opportunity for someone that wants to live in or rent out this house & eventually develop the land OR just hold it & eventually sell this 1.6 acre land tract of potentially (5) five contiguous R-75 lots to a developer for a nice profit. Bring your developers!! Rare intown development opportunity of multiple contiguous units with even more land assemblage possibilities!! This is a wonderful redevelopment opportunity for much higher density, high end, in-town housing. NO REZONING REQUIRED in order to do a ""Subdivision Re-plat"" for five (5) R-75 lots here. PRICED AT JUST $180k PER LOT !!! Ideally located in unincorporated Deklab County just outside City of Atlanta limits and near East lake & City of Decatur. New Construction houses will sell in the mid 700's - plenty of comps to support this. Great area just north-east of Memorial Drive & Candler Road. See photos for survey, road concept plan, aerial, plat, topo map, zoning map, & R-75 zoning regulations. Possible assemblage opportunities here as well for an even larger development.
Association Fees / Info
Hoa: No
Community Features: Other
Bathroom Info
Main Bathroom Level: 3
Total Baths: 3.00
Fullbaths: 3
Room Bedroom Features: Other
Bedroom Info
Beds: 4
Building Info
Habitable Residence: Yes
Current Use: Residential
Business Info
Equipment: None
Exterior Features
Fence: None
Patio and Porch: Rear Porch, Side Porch
Road Surface Type: Paved
Pool Private: No
County: Dekalb - GA
Acres: 1.60
Fees / Restrictions
Listing Terms: 1031 Exchange,Cash,Conventional,Other
Financial
Original Price: $849,000
Owner Financing: Yes
Documents Available: Other
Handicap
Interior Features
Security Ftr: None
Levels: Two
Lot Info
Lot Size Source: Other
Zoning: R75
Lot Features: Corner Lot, Rolling Slope
Lot Size: 474 192 376 113
Zoning Description: Developed/Zoned Residential
Misc
Property Attached: No
Home Warranty: Yes
Other
Other Structures: Other
Property Info
Year Built: 1,962
Property Condition: Resale
Property Type: Res Developed Lots
Style: Ranch
Possible Use: Multi-Family, Residential, Other
Rental Info
Land Lease: Yes
Room Info
Room Master Bathroom Features: Other
Special Features
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 4886
Tax Year: 2,022
Tax Parcel Letter: 15-202-06-001
Utilities / Hvac
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront / Water
Water Body Name: None
Waterfront Features: None
Directions
From Downtown Atlanta take I-20 east to Maynard Terrace. Turn left off exit and proceed to Memorial Drive. Turn right and take Memorial Drive across Candler Rd. Turn left on to N. Ellington. 2464 E Tupelo Street will be at the end of the Street on your left at the corner of E Tupelo & N Ellington.Listing Provided courtesy of Hammontree Realty, Llc.
MLS# 402734906