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Listed by Fidie Ramli • ERA Foster & Bond
$ 749,900
Est. payment | /mo
7,492 Sqft Lot
$ 749,900
Est. payment | /mo
7,492 Sqft Lot
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10430448
Construction Status Resale
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-3, 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
Zoning R5
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Hardwood
Exterior
Parking Features Parking Lot
Garage Spaces 6.0
Fence Fenced
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Roof Type Other
Building
Sewer Public Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Investor Owned
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