$1,600,000
$1,200,000
33.3%For more information regarding the value of a property, please contact us for a free consultation.
265,000 SqFt
SOLD DATE : 03/05/2021
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 265,000 sqft
Price per Sqft $6
MLS Listing ID 6796931
Sold Date 03/05/21
Construction Status Fixer
HOA Y/N No
Originating Board FMLS API
Year Built 1962
Annual Tax Amount $4,980
Tax Year 2019
Lot Size 3.300 Acres
Acres 3.3
Property Sub-Type Condominium
Property Description
Eight building apartment development located on 3.3 Acres of land in a prime location adjacent to Subsection 10 of the Westside Beltline trail. A perfect opportunity to renovate or build multifamily housing for long-term hold in this burgeoning area of the city. Located in a federal opportunity zone and an Atlanta Beltline Tax Allocation District, there are possible funding options through Invest Atlanta and other qualified funds to take advantage of the tax benefits of investing in this area. Parks, recreation, retail and residential real estate are being developed throughout this up and coming area of town. Just 10 minutes from downtown, in close proximity to the Atlanta University Center, Tyler Perry Studios, soon to be redeveloped West End Mall and the interstate.
Location
State GA
County Fulton
Area 22 - Atlanta North
Zoning RG3
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Living Space Available
Heating Forced Air
Cooling Central Air
Flooring Vinyl
Window Features Display Window(s)
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Asphalt
Street Surface Paved
Accessibility None
Handicap Access None
Building
Lot Description Curbs & Gutters, Level
Story Two
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Fixer
Others
Senior Community no
Tax ID 14 011400010219
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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