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Investor Special with Buildable Lot - Rare Package Deal Opportunity! This property is available individually or as a package deal with the adjacent vacant residential lot, which is buildable and zoned R4. Located in the rapidly developing Browns Mill neighborhood, this opportunity is surrounded by new construction homes selling in the $550,000-$600,000 range. The existing home offers incredible flexibility renovate it as a single-family home and potentially resell around $350,000, or keep it as a high-yield income-producing property. Previously used as a rooming house, the property featured nine bedrooms and generated approximately $75,000/year net income when fully leased. Ideal for a value-add investor, builder, or PadSplit operator looking to maximize returns with minimal land acquisition cost. Property is being sold as-is. No survey available for the lot. Don't miss the chance to secure two properties in one of Atlanta's fastest-growing areas!
| DAYS ON MARKET | 1 | LAST UPDATED | 5/4/2025 |
|---|---|---|---|
| TRACT | As Giometti & Assoc | YEAR BUILT | 1945 |
| COUNTY | Fulton | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Dobbs |
|---|---|
| Jr. High School | Long |
| High School | South Atlanta |
| ADDITIONAL DETAILS | |
| AIR | None, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Other |
| BASEMENT | Finished , Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Other |
| LOT | 9104 sq ft |
| LOT DESCRIPTION | City Lot |
| PARKING | Basement |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow/Cottage |
| SUBDIVISION | As Giometti & Assoc |
| TAXES | 3378 |
| UTILITIES | Cable Available, Electricity Available, Other, Underground Utilities, Water Available |
| WATER | Public |
| WATER ACCESS | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty
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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 2025 GAMLS. All rights reserved.
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 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
