Bedrooms: 4

Bathrooms: 2

916 Greenwood Avenue NE

Atlanta, GA 30306

$1,999,000

A rare opportunity to acquire 3 contiguous prime lots currently zoned multifamily RG2 in Virginia Highlands. Combined lot size of 30,000’ and street frontage of 150’. With 8 apartments on the lot, gross rentals are upwards of $130k per year. A buyer could add additional units to take advantage the allowable FAR of 12,000’ and maximize the return. This property is in the award winning Springdale school district and has multiple options for redevelopment - i.e. townhomes, condos, or apartments. Do NOT disturb tenants or walk the property without permission.Property Address include: 910 Greenwood Ave, 916 Greenwood Ave, 920 Greenwood Ave Gross Rent: 910 Greenwood: $3580, 916 Greenwood: $3095, 920 Greenwood: $4509 Price is firm