$3,800,000
$4,900,000
22.4%For more information regarding the value of a property, please contact us for a free consultation.
15.2 Acres Lot
SOLD DATE : 08/17/2021
Key Details
Sold Price $3,800,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision East Point
MLS Listing ID 6825707
Year Built 1967
Annual Tax Amount $9,205
Tax Year 2020
Lot Size 15.197 Acres
Property Description
EXTREMELY Rare Investment Opportunity near the Airport, MARTA, Hospital & more in the heart of East Point! Very high transit score & Residential Price Gains in the area. This 140 two bed/one bath unit apartment complex in 20 buildings sits on 15+ acres of land. Wonderful opportunity to fully renovate apartments OR convert into Townhomes and sell individually. Plenty of land to develop additional Apartments, Townhomes or even room to build a Hotel! Rear property line backs up to the main road of Norman Berry. Needs a full renovation but they are SOLID masonry brick and have been inspected by a structural engineer. NO blind offers/MUST preview the property before submitting an offer.
Location
State GA
County Fulton
Area 31 - Fulton South
Interior
Heating Natural Gas, Other
Cooling Central Air
Exterior
Parking Features Parking Lot
Fence Brick, Chain Link, Fenced
Community Features Public Transportation, Sidewalks, Street Lights, Near Marta, Near Schools, Near Shopping
Utilities Available None
Waterfront Description None
View Other
Roof Type Other
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides
New Construction No
Schools
Elementary Schools Hamilton E. Holmes
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Special Listing Condition None
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Bought with Bull Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067