175 Moreland AVE SE new

Atlanta,GA 30316

$ 749900

2 Beds

1 Bath

1900 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $394

MLS Listing ID 10430447

Style Contemporary,European

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $10,063

Tax Year 2024

Lot Size 7,492 Sqft

Property Description

175 Moreland Ave sits on an incredible, highly visible location directly in the path of progress along the rapidly developing Memorial Drive and Moreland Ave corridors with traffic counts of +/-55,000 VPD (vehicles per day). The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many popular neighborhoods of Atlanta --Reynoldstown/Cabbagetown/Edgewood/L5P are just mere minutes away. It is presently zoned a desirable R-5 which allows the addition of an ADU, or redevelopment to a zero lot line duplex (refer to attached city ordinance on R5 permitted uses). Currently an active income-producing property - a short term rental and content creation studio; it would also make an amazing live/work building for a home-based business. With the neighboring lot already zoned a C-1, there should not be an issue to get this up-zoned to a commercial lot. For those with a vision for transformation, this property is the ideal canvas serving a versatile foundation for creative redevelopment, promising exciting avenues for future projects. Whether you choose to refurbish the existing layout or explore new possibilities, the opportunities are limitless. This property will be sold as-is where-is, presenting an opportunity for investors to shape its future according to their vision. Don't miss out.

Location

State GA

County Fulton

Interior

Heating Central,Natural Gas

Cooling Central Air,Electric

Flooring Hardwood

Exterior

Exterior Feature Other

Parking Features Parking Pad

Garage Spaces 6.0

Fence Fenced

Community Features Retirement Community,Walk To Public Transit,Walk To Schools,Walk To Shopping

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Sewer Connected,Underground Utilities,Water Available

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Roof Type Other

Building

Story One

Sewer Public Sewer

Structure Type Other

Schools

Elementary Schools Burgess-Peterson

Middle Schools King

High Schools Mh Jackson Jr

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,Other

Listing Terms 1031 Exchange,Cash,Conventional,Other

Special Listing Condition Investor Owned

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