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$299,900
Est. payment /mo
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Subdivision Cabbagetown
MLS Listing ID 10671641
HOA Y/N No
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 2613.6
Property Sub-Type Residential Lot
Source Georgia MLS 2
Property Description
RARE CABBAGETOWN VACANT LOT - Thanks for your interest in this developed ready-to-build lot in the heart of Cabbagetown on Estoria Street. Set atop a hill overlooking the city with rear alley access, the lot is cleared, has new brick sidewalks and granite curbs, a new sewer tap, a brand new retaining wall and architectural plans for a 1960sf 2/2.5 home that is fully approved with the Urban Design Commisison and the Cabbagetown Historic Association. All a new owner needs to do is submit construction plans for final building permit at the City of Atlanta which is a straight-forward and simple process that takes 4-6 weeks. The property has approximately $50,000 of cash invested in the required sidewalks, granite curbs, sewer taps, retaining walls, surveys, architectural plans, and permitting costs. Add to that the year+ of hard work to get to the point where the homes is through the hard part of the permitting process. The value of the home, once built, will be ~1M so this is a low risk and high reward opportunity to build a dream home or to have a profitable investment project in one of the best and most central historic neighborhoods in the city.
Location
State GA
County Fulton
Rooms
Bedroom Description No
Other Rooms None
Interior
Fireplace No
Exterior
Community Features Near Public Transport, Walk To Schools, Near Shopping
Utilities Available None
View Y/N Yes
View City
Private Pool No
Building
Lot Description Other
Faces Follow directions to 258 Estoria Street, lot is to the right of 258 Estoria
Sewer Other
Water Other
New Construction No
Schools
Elementary Schools Parkside
Middle Schools King
High Schools Mh Jackson Jr
Others
Tax ID 14002000110855
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