141 Moreland Avenue SE, 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, Tile Bath
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
Laundry:
In Hall
Basement:
Crawl Space
Flooring:
Hardwood
A/C:
true, Central Air
Heating:
true, Central, Electric
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow/Cottage
Parking:
Off Street, Parking spaces: 4

Construction

Roofing:
Composition
General:
Vinyl Siding, One

Location

HOA Amenities:
None
Originating MLS:
Georgia MLS 2
County:
Fulton

Lot

Zoning:
14 001300110359
View:
City, View

Utilities

Utilities:
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Electricity on Property
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Georgia MLS 2

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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