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BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT OF THE SELLER. Zoned R-4B-C, this prime Atlanta Intown location in Historic Summerhill is ideal for a redevelopment opportunity. This parcel is a corner lot, leveled, and consists of 2 properties currently, both built in the 1920's, a Craftsman Bungalow style home, and a Duplex! The redevelopment opportunity would be perfect for a primary residence(s), short- or long-term rentals, student housing, etc. Assemblage opportunity available if desired! Summerhill, Atlanta's first neighborhood was founded in 1865 and is known for its rich history & timeless charm. At the intersection of 3 major highways, connected by transit, and a short distance from the world's busiest airport, Summerhill has been the redevelopment site of Atlanta's former Olympic Stadium and surroundings. The 83-acre mixed- use project is underway, with Publix as the anchor. To date, there is over $1B in investment either constructed or planned. Today, Historic Summerhill is a vibrant community, with a thriving arts & culture scene, an active business district, and several beautiful parks and green spaces. Minutes away are GA State University's Main Campus, GA State Capitol, Center Parc Stadium (formerly Brave's Turner Field), The Atlanta Beltline, Grant Park, Atlanta Zoo, The Beacon Atlanta, and steps away from the Summerhill Commercial District, including Georgia Avenue which is home to some of Atlanta's best chefs and retailers. Summerhill is a unique and special place. It is a neighborhood that is beloved by its residents and visitors alike, and it continues to be an important part of the fabric of the city of Atlanta.
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Water Source: Public
Water BodyName: None
Sewer: Public Sewer
Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Phone Available,Water Available
Fenced
Lot Size (Acr): 0.06
Land Lot: 0
Lot Size Source: Public Records
Lot Features: Level,Corner Lot
Property Type: Land
Property Sub Type: Residential Lot
Subdivision: Summerhill
City: Atlanta
State: GA
Directions: Please use Waze or Google Maps. Home sits on the corner, lots of street parking.
Property Status: Active
Original List Price: $499,999
Annual Tax: $1117
Tax Year: 2022
Tax Block: 0
Tax Lot: 0
Association: No
Annual Association Fee: 0
Calculated Total Monthly Association Fees: 0
Community Features: Park,Playground,Walk To Public Transit,Walk To Schools,Walk To Shopping,Sidewalks,Street Lights
Elementary School: Parkside
High School: MH Jackson Jr
High School Bus: No
Middle School: King
Middle School Bus: No
Source Neighborhood: Summerhill
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
721 Reed Street, Atlanta, GA,30315 | $2,500,000 | 3 | 1 | 1,032 | 0.25 Acre |
Rhinehill Road, Atlanta, GA,30315 | $75,000 | -- | -- | -- | 0.22 Acre |
1381 Benteen Way, Atlanta, GA,30315 | $350,000 | 3 | 1 | 2,112 | 0.172 Acre |
164 South Avenue, Atlanta, GA,30315 | $560,000 | 4 | 3 | 2,480 | 0.069 Acre |
784 Formwalt Street, Atlanta, GA,30315 | $69,999 | -- | -- | -- | 0.039 Acre |
68 Moury Avenue, Atlanta, GA,30315 | $300,000 | 3 | 2 | 1,600 | 0.166 Acre |
2849 Grand Avenue Sw Av.., Atlanta, GA,30315 | $339,900 | 3 | 2 | -- | 0.208 Acre |
680 Hank Aaron Drive, Atlanta, GA,30315 | $832,500 | 3 | 3 | -- | -- |
674 Hank Aaron Drive, Atlanta, GA,30315 | $760,000 | 3 | 3 | -- | -- |
678 Hank Aaron Drive, Atlanta, GA,30315 | $753,600 | 3 | 3 | -- | -- |
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 05/02/2024 @ 00:06
MLS: 10185963
LISTED BY: Call Agent , BHHS05
SOURCE: Georgia MLS
Buyer Agency Compensation: 3%
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.