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242 Ormond Street SW

Atlanta, GA 30315
  • $200,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 10358381
Under Contract
UPDATED: 50 min ago
$200,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTOR'S NEW BUILD SPECIAL!! Unlock the potential of this prime lot, a blank canvas for your next project. Whether you're planning a custom-built dream home or a profitable duplex, this property is ready to bring your vision to life. City permits for a three-story duplex are nearing issuance, so you're on the brink of breaking ground. The proposed duplex spans 2,650 sq ft, with each unit offering 1,400 sq ft of living space. Each unit will feature three bedrooms, three full bathrooms, and a convenient half bathroom. With permits almost finalized, you can start planning for separate sales of each unit on this zero-line lot, potentially doubling your profit and maximizing your investment. The appraised value of each unit is $455K, totaling $910K if both units are sold separately. However, if sold as a duplex, the property is appraised at $957. Don't miss out on this rare development opportunity! Located in a sought-after area with quick access to Downtown Atlanta, Hartsfield-Jackson Airport, Summerville, Georgia State University, Pittman Park, the Westside BeltLine trail, and a variety of shopping and dining options, this lot offers both convenience and high potential for returns. Don't miss out on this incredible opportunity!

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Realty Queen & Team | Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Realty Queen & Team | Keller Williams Realty. Data last updated: 2024-10-05T17:09:48.757.
www.therealtyqueen.com/homes/153689230
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242 Ormond Street SW Atlanta, GA 30315

  • Price: $200,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 50 min ago
  • MLS #: 10358381
0
Beds
0
Baths
0
½ Baths
0.1
Acres
Neighborhood:
Mechanicsville
County:
Fulton
Area:
ATLANTA
Elementary School:
Dunbar
Middle School:
King
High School:
Mh Jackson Jr
Property Description
INVESTOR'S NEW BUILD SPECIAL!! Unlock the potential of this prime lot, a blank canvas for your next project. Whether you're planning a custom-built dream home or a profitable duplex, this property is ready to bring your vision to life. City permits for a three-story duplex are nearing issuance, so you're on the brink of breaking ground. The proposed duplex spans 2,650 sq ft, with each unit offering 1,400 sq ft of living space. Each unit will feature three bedrooms, three full bathrooms, and a convenient half bathroom. With permits almost finalized, you can start planning for separate sales of each unit on this zero-line lot, potentially doubling your profit and maximizing your investment. The appraised value of each unit is $455K, totaling $910K if both units are sold separately. However, if sold as a duplex, the property is appraised at $957. Don't miss out on this rare development opportunity! Located in a sought-after area with quick access to Downtown Atlanta, Hartsfield-Jackson Airport, Summerville, Georgia State University, Pittman Park, the Westside BeltLine trail, and a variety of shopping and dining options, this lot offers both convenience and high potential for returns. Don't miss out on this incredible opportunity!
Exterior Features

Lot Features City Lot Lot Size Area 4312.44 Lot Size Source Public Records Lot Size Units Square Feet Road Frontage Type City Street Total Number Of Slips 0 Vegetation Cleared View City View YN Yes

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Units Square Feet Living Area Units Square Feet

Property Features

Association Fee 0 Association YN No Community Features None Current Use Unimproved District 14 Electric On Property YN Yes Land Lot 134 Listing Terms Cash Other Structures None Possible Use Residential Property Sub Type Residential Lot Sewer Public Sewer Special Listing Conditions Investor Owned Tax Annual Amount 1969 Tax Year 2023 Utilities Electricity AvailableSewer AvailableWater Available Water Body Name None Water Source Public Waterfront Features No Dock Or Boathouse Waterfront YN No

GAMLS logo Listing provided courtesy of Keller Williams Realty Consultants: 678-287-4800. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Realty Queen & Team | Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Realty Queen & Team | Keller Williams Realty. Data last updated: 2024-10-05T17:09:48.757.
 
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