141 Moreland Avenue; Atlanta, GA 30316

$549,000

Investors! Builders! Don't miss this opportunity to own not one but two properties on a large lot in flourishing Reynoldstown ( 141 Moreland Ave to be sold with adjacent property 147 Moreland Ave $1.1m together) Buyer will receive an additional $60k price reduction to purchase both properties! Walking distance to the beltline, shopping, restaurants and bars . There are several possible investment strategies, such as ; Buy, hold and rent out two beautifully renovated properties and add additional ADU's on these large lots for increased income$$ , Tear down and build several duplexes or possibly Rezone and Build 10 to 12 townhomes $$! This area is experiencing tremendous growth rapidly. Both properties have been elegantly updated while retaining its historical charm. Surveys are available upon request. These properties have tenants that will move out before closing so properties are available by appointment only
Key Facts
  • Style:
  • Year Built: 1935
  • Status: Active
Schools
  • Elementary School: Burgess-Peterson
  • Middle School: McNair - Fulton
  • High School: Maynard Jackson
Bedrooms
  • Beds Total: 2
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: Shower Only

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Private & Public Schools Nearby

  • 3 / 5
    Average

    Burgess-Peterson Elementary School

    480 CLIFTON STREET; Atlanta, GA 30316
    Public PK-5th  |  474 students
    Metro Atlanta School Rank: 478th
  • 0 / 5
    Below
    Avg

    McNair Middle School

    2190 WALLINGFORD DRIVE; Decatur, GA 30032
    Public 6th-8th  |  630 students
    Metro Atlanta School Rank: 525th
  • 2 / 5
    Below
    Avg

    Maynard H. Jackson- Junior High School

    801 GLENWOOD AVENUE, SE; Atlanta, GA 30316
    Public 9th-12th  |  1,205 students
    Metro Atlanta School Rank: 256th

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Listing information last updated on November 14, 2024