Atlanta, GA 30318,2284 Alvin DR NW
Atlanta, GA 30318,2284 Alvin DR NW
Atlanta, GA 30318,2284 Alvin DR NW
Atlanta, GA 30318,2284 Alvin DR NW
Atlanta, GA 30318,2284 Alvin DR NW
Atlanta, GA 30318,2284 Alvin DR NW
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$540,000

$499,000

8.2%
Est.Price: ?

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Est. payment /mo

1.1 Acres Lot


SOLD DATE : 07/06/2022

Key Details

Sold Price $540,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Westside Atlanta

MLS Listing ID 7045747

Sold Date 07/06/22

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,035

Tax Year 2021

Lot Size 1.095 Acres

Acres 1.0951

Property Description

Calling all investors/developers! Rarely available income-producing quadruplex on a 1+ acre lot in booming Westside/Grove Park area & right next to new Westside Reservoir Park (ATL’s largest park that will soon feed into the Beltline Westside Trail!) Property is down the road from explosive multi-million $ developments at Quarry Yards, a 70 acre master-planned mixed-use development to include a boutique hotel, restaurants, retail and more. This unique lot has frontage along both Hollywood Rd AND quiet side street giving ample opportunity for re-development of this massive lot. Opportunities are endle$$ on this cash cow… add on, tear down and re-build, or let it sit and watch the equity pile up while developments in this area make the Westside Park/Quarry Yards the next hottest destination in ATL. Current monthly rental income is approx. $4,000, and grossly under-rented. Low taxes, easy access to I-285 and a quick drive to downtown Atlanta, Mercedes Benz Stadium, the Gulch and GA Tech. There’s a reason developers have grabbed almost every lot surrounding this jackpot lot. Zoned R5. Sold As-Is. WILL NOT LAST.

Reviewing all offers Monday 6/4.

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central, Electric

Cooling Central Air

Window Features None

Exterior

Garage Parking Lot

Fence None

Community Features Near Beltline, Near Marta, Near Trails/Greenway, Public Transportation

Utilities Available Cable Available, Electricity Available, Phone Available, Water Available

Waterfront Description None

View Trees/Woods, Other

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 4

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools William M.Boyd

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 17 024800140067

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Compass
Bought with PalmerHouse Properties
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516 Sosebee Farm Unit 1211, Grayson, Georgia, 30052, United States

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