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243 Bray St, Athens, GA is where opportunity meets location! This prime piece of real estate was recently rezoned to RM 2 Zoning, offering many possibilities for savvy investors and developers. Situated in the heart of Athens, just a stones throw away from downtown, this property presents an exceptional opportunity to capitalize on the growth of the Athens area. With RM 2 Zoning in place, this property allows for the development of up to twenty-four(24) units per acre. Whether you envision crafting a residential community or exploring other development ventures, the zoning flexibility opens doors to endless potential with proximity to downtown amenities, including dining, shopping, area hotspots, and of course the University of Georgia. With demand for housing and commercial space on the rise in Athens, this site presents buyers with an investment opportunity. The current owner is planning to lease the property for 10 months starting in August at $2,700 to allow a new buyer cash flow while planning improvements to the site. Lastly, there are many planned improvements to the North Ave corridor which can be provided upon request or for agents the link can be found in the private remarks.1. RM 2 Multi Family Zoning, 2. Potential to Increase Density, 3. 24 Bedrooms Per Acre Zoning
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Total Bedrooms : 4
Bedrooms On Upper Level: 0
Bedrooms On Lower Level: 0
Main Bedrooms: 4
Room Type: Den
Window Features: Insulated Windows
Total Baths: 4
Full Baths: 4
Half Baths: 0
Full Baths Main: 4
Baths Full Lower: 0
Baths Full Upper: 0
Water Source: Public
Sewer: Public Sewer
Other
Flooring: Laminate,Tile
Dishwasher,Other
Cable Available
Heat Pump
Heat Pump
Number of Fireplaces: 0
Built Year: 1980
Roof Type: Metal
Basement: Crawl Space
Levels: One
Property Age: 44
Pillar/Post/Pier
In Kitchen
Aluminum Siding
Updated/Remodeled
Lot Size (Acr): 1.11
Lot Size Source: Public Records
Lot Features: City Lot,Level
Property Type: Residential
Property Sub Type: Mixed Use
Structure Type: House
Subdivision: None
City: Athens
State: GA
Directions: Turn on the Bray Street from North Ave and home will be on the left
Property Status: New
Original List Price: $639,900
Annual Tax: $2812.5
Tax Year: 2023
Home Warranty Paid: No
Parking: 0
Parking Features: Parking Pad
Association: No
Annual Association Fee: 0
Calculated Total Monthly Association Fees: 0
Association Fee Includes: None
Community Features: None
Elementary School: Howard B Stroud
High School: Cedar Shoals
Middle School: Coile
Source Neighborhood: None
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
210 Hull Road, Athens, GA,30601 | $3,757,000 | -- | -- | -- | 37.57 Acres |
Danielsville Road, Athens, GA,30601 | $1,053,000 | -- | -- | -- | 10.53 Acres |
150 Freeman Drive, Athens, GA,30601 | $199,000 | -- | -- | -- | 1.84 Acres |
702 Branch, Athens, GA,30601 | $60,000 | -- | -- | -- | 0.47 Acre |
198 Flint Street, Athens, GA,30601 | $675,000 | 4 | 4 | 2,889 | 0.18 Acre |
225 Oak Street #168, Athens, GA,30601 | $17,500 | -- | -- | -- | 0.01 Acre |
162 Featherwood Court, Athens, GA,30601 | $375,000 | 4 | 4 | 5,486 | 3.59 Acres |
143 Morton Alley, Athens, GA,30601 | $199,900 | -- | -- | -- | 0.16 Acre |
141 Morton Alley, Athens, GA,30601 | $199,900 | -- | -- | -- | 0.08 Acre |
830 Nowhere Road, Athens, GA,30601 | $300,000 | -- | -- | -- | 25.62 Acres |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.
ByOwner last updated this listing 05/19/2024 @ 07:10
MLS: 10293906
SOURCE: Georgia MLS
Buyer Agency Compensation: 2.75%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.