RARE FIND 5.37 ACRES in the vibrant Atlanta 30344 corridor, there lies an exceptional multifamily redevelopment opportunity. This property boasts eight (8) 2-bedroom units, presenting a compelling repositioning potential for experienced investors, builders, or value-add operators. Situated on a multifamily parcel (with the exact acreage to be verified by the buyer), this asset offers substantial upside through a comprehensive renovation and stabilization. The existing structure(s) necessitate a thorough restoration, including the removal of plumbing, electrical, HVAC components, and interior finishes. It's important to note that the property is being sold as-is, with no warranties, repairs, or concessions provided by the seller. The basement level holds additional expansion potential, which could be reconfigured to generate additional income-producing units, a laundromat facility, storage, or even event/amenity space. This property is ideal for cash or hard money investors seeking a substantial-scale repositioning or redevelopment opportunity in a thriving submarket.
Listed By
Agency Name: Fathom Realty GA, LLC
Agency Phone: 888-455-6040
Shown By
Agency Title: Josey Young & Brady Realty, LLC
Agency Phone: 770-683-1800
Estimated Payment
$ 6,930.11 per month $4,673.69 Principal & Interest $1,643.92 Property Tax $612.50 Homeowner's Insurance
2517 Dodson Drive | MLS# 10762166
This real estate located at 2517 Dodson Drive, Atlanta, GA 30344 is currently listed for sale with an asking price of $2,100,000. Search Atlanta real estate on www.jybrealty.com today.