783 Cascade SW Avenue, Atlanta, GA 30310

$259,900 Asking Price

4 beds
2 baths
2,368  sqft
Built in 1930

Investors! This area is ripe for investment! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly area. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street is the renowned Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection. The nearby Oasis Apartments have been recently renovated and a historic apartment building at the corner of Allegheny and Cascade Place is also being fully renovated. Homes in the surrounding area are being renovated/infilled and sell in the high $400’s to $500 or more. Just across the intersection, at 830 Westmont, a new, modern home is almost complete and will reportedly be listed for over $1M! /////////////////// ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accommodating category. 0 Beecher is zoned R-4 and may need to be rezoned depending on your plans. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. ///////////////////////// RESIDENTIAL DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2– Rehab the existing home to a 4–5-bedroom property and add garage or workshop in the rear. ARV's in the area are $550,000 - $600,000. 3- Create access for 0 Beecher (via a shared driveway easement) and have two lots. 4- Buy and hold for appreciation.

Features & Amenities

Interior

General:
High Ceilings 9 ft Main, Other
Rooms:
Other
Appliances:
Other
Laundry:
None
Basement:
Crawl Space
Flooring:
None
A/C:
None
Heating:
None
Fireplace:
Fireplaces: 1
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
None
Style:
Bungalow
Pool:
None
Parking:
Driveway, See Remarks

Construction

Roofing:
Asbestos Shingle
Windows:
None
General:
Brick 4 Sides, One, Brick/Mortar

Location

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

Lot

Zoning:
This sale includes the lot known as 0 Beecher Street, zoned R-4, 7,345 SF. Tax ID: 14 015000091024, 14 015000090513
View:
City
Fencing:
None

Utilities

Utilities:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, 110 Volts
Water:
Public
Sewer:
Public Sewer

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
Ostenson Real Estate Group, LLC., Lee Williams

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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