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5
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$299,900
Est. payment /mo
2 Beds
2.5 Baths
2,613 Sqft Lot
Active
262 Estoria ST Atlanta, GA 30316
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Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Cabbagetown
MLS Listing ID 7702759
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Y/N No
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
RARE CABBAGETOWN VACANT LOT - Thanks for your interest in this developed ready-to-build lot in the heart of Cabbagetown on Estoria Street. Set atop a hill overlooking the city with rear alley access, the lot is cleared, has new brick sidewalks and granite curbs, a new sewer tap, a brand new retaining wall and architectural plans for a 1960sf 2/2.5 home that is fully approved with the Urban Design Commisison and the Cabbagetown Historic Association. All a new owner needs to do is submit construction plans for final building permit at the City of Atlanta which is a straight-forward and simple process that takes 4-6 weeks. The property has approximately $50,000 of cash invested in the required sidewalks, granite curbs, sewer taps, retaining walls, surveys, architectural plans, and permitting costs. Add to that the year+ of hard work to get to the point where the homes is through the hard part of the permitting process. The value of the home, once built, will be ~1M so this is a low risk and high reward opportunity to build a dream home or to have a profitable investment project in one of the best and most central historic neighborhoods in the city.
Location
State GA
County Fulton
Area Cabbagetown
Lake Name None
Rooms
Other Rooms None
Interior
Equipment None
Exterior
Fence None
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
Utilities Available None
Waterfront Description None
View Y/N Yes
View City, Neighborhood
Present Use Vacant
Street Surface Asphalt
Private Pool false
Building
Lot Description Other
Story Two
Level or Stories Two
Schools
Elementary Schools Parkside
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 002000110855
Listed by REMAX Metro Atlanta Cityside
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Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).
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