$185,000
For Sale

1889 Browns Mill Road SE

Atlanta, GA 30315
8 beds | 2 baths | 0.21 acres | #7573326
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investor Special with Buildable Lot - Rare Package Deal Opportunity! This property is available individually or as a package deal with the adjacent vacant residential lot, which is buildable and zoned R4. Located in the rapidly developing Browns Mill neighborhood, this opportunity is surrounded by new construction homes selling in the $550,000-$600,000 range. The existing home offers incredible flexibility renovate it as a single-family home and potentially resell around $350,000, or keep it as a high-yield income-producing property. Previously used as a rooming house, the property featured nine bedrooms and generated approximately $75,000/year net income when fully leased. Ideal for a value-add investor, builder, or PadSplit operator looking to maximize returns with minimal land acquisition cost. Property is being sold as-is. No survey available for the lot. Don't miss the chance to secure two properties in one of Atlanta's fastest-growing areas!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Underground Utilities, Water Available
      • Property SubtypeSingle Family Residence
      • Parking FeaturesDrive Under Main Level
      • SubdivisionAs Giometti & Assoc
      • Elementary SchoolJohn Wesley Dobbs
      • Basement DescriptionFinished, Full
      • Middle SchoolCrawford Long
      • High SchoolSouth Atlanta
      • Sewer InformationPublic Sewer
      • CountyFulton - GA
      • Lot DescriptionBack Yard
      • Property TypePurchase
      • StyleBungalow
      • Original List Price$215,000
      • MLS #7573326
      • MLS #7573326
      • Utility SourcePublic
      • Taxes Annual$3,378
      • Cost185000
      • InteriorOther
      • ViewOther
      • Acres0.209
      • Property ConditionFixer
      • Year Built1945
      • Bedrooms8
      • Bathrooms2
      • Full Baths2
      • Bedrooms on Main Level4
      • Basement1
      • Basement Finished1
      • Master on Main1

Location

Terri Sewell | HomeSmartReal Estate Group
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