$1,900,000
BEDS
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BATHS
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SQFT
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ACRES
1.97
ActiveMLS # 7225902, Listed by Weichert, Realtors - The Collective|404-848-0996
ActiveMLS # 7225902, Listed by Weichert, Realtors - The Collective|404-848-0996
1720 Washington Road is a $1,900,000 home on a 1.97 acre lot located in East Point, GA.
Seller’s Description
Why enter another bidding war on a value-add MF development? Move Quickly to secure nearly 2 full acres in Downtown East Point. Parcel is flanked on 3 sides by major roads in the heart of Downtown – zoned as of right for MultiFamily and Mixed Use. Just 3 blocks from the East Point MARTA station, across Church Street from popular Resurgence Hall Charter School, this parcel is fully entitled! A Brand New Downtown Overlay District Zoning was codified in 2021 that allows up to 5 stories of MF or Mixed Use Units to be built as-of-right. Current structure must be demolished (cost of demo = approx. $40k). Sale comes with full entitlements, survey, Phase 1 & 2 Environmentals, Soil Survey ; all the time-consuming due diligence is already done. Just get LDP/Site Plan/Building Permits approved and get busy converting this teardown into your desired new construction preferred use. Tri Cities is BOOMING – home values are up 22.4% in last 12 months vs +11.7% in FulCo and -0.7% in Metro ATL. 70 Walk Score, $50k Median Household Income, convenient to MARTA/Airport in Fulton County’s 6th largest City.
Features
INTERIOR
| Interior Features | SecurityFeatures - None |
EXTERIOR
| Exterior Features | RoadFrontageType - Other RoadSurfaceType - Other Utilities - Other CommunityFeatures - Other CurrentUse - Other DocumentsAvailable - Other Fencing - Fenced HorseAmenities - None OtherEquipment - None OtherStructures - None PossibleUse - Commercial WaterfrontFeatures - None Clay Hardwood Propane Tank(Owned) Gas Water Body Name - None |
| Views | Other |
| Land Type | Other Vegetation - Other Mobile Home |
PROPERTY
| Property Type | Land |
| Property Sub Type | Multi Family |
| Year Built | 1955 |
| HOA Fee | $0.00 |
| Taxes | $8,241.00 |
| County | fulton - ga |
| Elementary School | conley hills |
| Middle School | paul d. west |
| High School | tri-cities |
| Neighborhood | Downtown East Point |
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