Listing
MLS #: 10136427
1720 E Washington , East Point, GA 30344 
Remarks
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 Co 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, Pro Forma/Site Plan for MF development; 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 Co 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 CountyCOs 6th largest City.
General Information
Listed By: HOUSTONALISH
Listing Office: MUFF01
Listing Office Email:
Listing Office Phone:
Price: $2,300,000
County: Fulton
Subdivision: NONE
Features
Construction: Other
Cooling System: Other
Fireplace Descriptions:
Heating System: Other
Lot: 1.87
Lot Description: City Lot,Corner Lot,Level,Near Public Transit
Parking: Parking Lot
Roof: Other
Style: Other
Water & Sewer: Public Sewer
Listing data provided by: HOUSTONALISH
The data relating to real estate for sale on this web page comes, in part, from the Broker Reciprocity Program of Georgia MLS. The broker providing this data believes the data is correct, but advises interested parties to confirm all data before relying on it for a purchase decision.
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