Atlanta, Ga 30310
Active
Days on Market: 56
Investors! This area is ripe for investment! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly area. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street is the renowned Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection. The nearby Oasis Apartments have been recently renovated and a historic apartment building at the corner of Allegheny and Cascade Place is also being fully renovated. Homes in the surrounding area are being renovated/infilled and sell in the high $400’s to $500 or more. Just across the intersection, at 830 Westmont, a new, modern home is almost complete and will reportedly be listed for over $1M! /////////////////// ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accommodating category. 0 Beecher is zoned R-4 and may need to be rezoned depending on your plans. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. ///////////////////////// RESIDENTIAL DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2– Rehab the existing home to a 4–5-bedroom property and add garage or workshop in the rear. ARV's in the area are $550,000 - $600,000. 3- Create access for 0 Beecher (via a shared driveway easement) and have two lots. 4- Buy and hold for appreciation.
Property Type:
Residential
Property Subtype:
Single Family Residence
Status:
Active
MLS:
7476029
County:
Fulton - GA
Lot Size:
x
Year Built:
1930
WEDNESDAY
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APR
THURSDAY
24
APR
FRIDAY
25
APR
It's free, with no obligation - cancel anytime.
High Ceilings 9 ft Main, Other
Tuskegee Airman Global Academy
Herman J. Russell West End Academy
Booker T. Washington
WEDNESDAY
23
APR
THURSDAY
24
APR
FRIDAY
25
APR
It's free, with no obligation - cancel anytime.