Description
2284 Alvin Dr NW,
Atlanta,
GA
30318
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 (ATLCOs 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 cowCa 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. ThereCOs a reason developers have grabbed almost every lot surrounding this jackpot lot. Zoned R5. Sold As-Is. WILL NOT LAST. Showings at Open Houses ONLY: Sat 6/4, and Sun 6/5 (12pm-3pm) both days. Reviewing all offers Monday 6/4.
Listing By: Compass via Data Source: GA MLS
Price History
date | price | variance | type | global |
---|
7/6/2022 | $540,000 | 8.22 % | Sold | view listing |
6/7/2022 | $499,000 | 16.69 % | Contract |
5/31/2022 | $599,000 | - | Listed |
listing agent: Melissa Shaughnessy