175 Moreland SE Avenue, Atlanta, GA 30316

$749,900 Asking Price

2 beds
1 bath
1,900  sqft
Built in 1930

175 Moreland Ave sits on an incredible, highly visible location directly in the path of progress along the rapidly developing Memorial Drive and Moreland Ave corridors with traffic counts of +/-55,000 VPD (vehicles per day). The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many popular neighborhoods of Atlanta --Reynoldstown/Cabbagetown/Edgewood/L5P are just mere minutes away. It is presently zoned a desirable R-5 which allows the addition of an ADU, or redevelopment to a zero lot line duplex (refer to attached city ordinance on R5 permitted uses). Currently an active income-producing property - a short term rental and content creation studio; it would also make an amazing live/work building for a home-based business. With the neighboring lot already zoned a C-1, there should not be an issue to get this up-zoned to a commercial lot. For those with a vision for transformation, this property is the ideal canvas serving a versatile foundation for creative redevelopment, promising exciting avenues for future projects. Whether you choose to refurbish the existing layout or explore new possibilities, the opportunities are limitless. This property will be sold as-is where-is, presenting an opportunity for investors to shape its future according to their vision. Don't miss out.

Features & Amenities

Interior

General:
High Ceilings 10 ft Main, Walk-In Closet(s), Other
Rooms:
Bonus Room, Living Room, Media Room, Office
Appliances:
Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
Laundry:
In Hall
Basement:
Crawl Space
Flooring:
Ceramic Tile, Hardwood
A/C:
Central Air, Electric
Heating:
Central, Natural Gas
Fireplace:
Fireplaces: 0
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
Private Entrance, Other
Style:
Contemporary, European
Pool:
None
Parking:
Driveway, Parking Pad

Construction

Roofing:
Other
Windows:
Insulated Windows
General:
Stone, Stucco, One, Concrete Perimeter

Location

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

Lot

Zoning:
Deed Book 64415 Page 73, 14 001300110417
View:
City, Other
Fencing:
Fenced

Utilities

Utilities:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available, None
Water:
Public
Sewer:
Public Sewer

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
ERA Foster & Bond, Fidie Ramli

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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