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BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT OF THE SELLER. Zoned R-4B-C, this prime Atlanta Intown location in Historic Summerhill is ideal for a redevelopment opportunity. This parcel is a corner lot, leveled, and consists of 2 properties currently, both built in the 1920's, a Craftsman Bungalow style home, and a Duplex! The redevelopment opportunity would be perfect for a primary residence(s), short- or long-term rentals, student housing, etc. Assemblage opportunity available if desired! Summerhill, Atlanta's first neighborhood was founded in 1865 and is known for its rich history & timeless charm. At the intersection of 3 major highways, connected by transit, and a short distance from the world's busiest airport, Summerhill has been the redevelopment site of Atlanta's former Olympic Stadium and surroundings. The 83-acre mixed- use project is underway, with Publix as the anchor. To date, there is over $1B in investment either constructed or planned. Today, Historic Summerhill is a vibrant community, with a thriving arts & culture scene, an active business district, and several beautiful parks and green spaces. Minutes away are GA State University's Main Campus, GA State Capitol, Center Parc Stadium (formerly Brave's Turner Field), The Atlanta Beltline, Grant Park, Atlanta Zoo, The Beacon Atlanta, and steps away from the Summerhill Commercial District, including Georgia Avenue which is home to some of Atlanta's best chefs and retailers. Summerhill is a unique and special place. It is a neighborhood that is beloved by its residents and visitors alike, and it continues to be an important part of the fabric of the city of Atlanta.
DAYS ON MARKET | 284 | LAST UPDATED | 2/29/2024 |
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TRACT | Summerhill | YEAR BUILT | 0 |
COUNTY | Fulton | STATUS | Active |
PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Parkside |
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Jr. High School | King |
High School | MH Jackson Jr |
PRICE HISTORY | |
Prior to Sep 15, '23 | $730,000 |
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Sep 15, '23 - Today | $499,999 |
ADDITIONAL DETAILS | |
BUYER'S BROKERAGE COMPENSATION | 3 |
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LOT | 2614 sq ft |
LOT DESCRIPTION | Corner Lot, Level |
SEWER | Public Sewer |
SUBDIVISION | Summerhill |
TAXES | 1117 |
UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with BHHS Georgia Properties
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.