141 Moreland Avenue, Atlanta, GA 30316

$549,000 Asking Price

2 beds
2 baths
989  sqft
Built in 1935

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


Features & Amenities

Interior

General:
High Ceilings, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet
Rooms:
Laundry
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry:
In Hall, Laundry Room
Basement:
Crawl Space
Flooring:
Hardwood
A/C:
Central Air
Heating:
Central, Electric
Fireplace:
Fireplaces: 0
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
Private Yard
Style:
Bungalow, Cottage
Pool:
None
Parking:
Driveway, Parking Pad

Construction

Roofing:
Composition
Windows:
Insulated Windows
General:
Vinyl Siding, One, Combination

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
First Multiple Listing Service
County:
Fulton - GA

Lot

Zoning:
Deed Book/Page 65225/639
View:
City
Fencing:
None

Utilities

Utilities:
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Other
Water:
Public
Sewer:
Public Sewer

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
Virtual Properties Realty.com, Kimberly Brown

About Atlanta, GA

Housing

Number of Units
517,940
Median Home Value
$387,201
Median Rent
$1,151

54.70% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
52.29%
Public Transportation
6.55%
Walk to Work
2.19%
Work from Home
37.45%
Other
1.03%

The median travel time to work is 19 minutes.

People

Population
1,042,237
Median Age
36.10
Median Household Size
2.33

Education

High School
16.96%
Associate’s Degree
5.82%
Bachelor’s Degree
31.69%
Graduate Degree
24.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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