$749,900
For Sale

175 Moreland Avenue SE

Atlanta, GA 30316
2 beds | 1 bath | 0.17 acres | #7500703
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
      • InteriorHigh Ceilings 10 ft Main, Walk-In Closet(s), Other
      • Exterior MaterialsPrivate Entrance, Other
      • Property SubtypeSingle Family Residence
      • Parking FeaturesDriveway, Parking Pad
      • StyleContemporary, European
      • Middle SchoolMartin L. King Jr.
      • Lot DescriptionBack Yard, Level
      • Elementary SchoolBurgess-Peterson
      • High SchoolMaynard Jackson
      • Sewer InformationPublic Sewer
      • Basement DescriptionCrawl Space
      • CountyFulton - GA
      • ViewCity, Other
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$749,900
      • Taxes Annual$10,063
      • MLS #7500703
      • MLS #7500703
      • Utility SourcePublic
      • Cost749900
      • Property ConditionResale
      • Fence DescriptionFenced
      • Acres0.172
      • Year Built1930
      • Subdivisionnone
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Bedrooms on Main Level2
      • Basement1
      • Master on Main1
      • Fence1

Location

Kim McAfee | Coldwell Banker RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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