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Latonia Knox

lknox@axenrealty.com +1(678) 674-7929

$2,100,000

Est. payment - /mo

8,584 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,584 sqft

Price per Sqft $244

Subdivision No Subdivision

MLS Listing ID 10762166

HOA Y/N No

Year Built 1940

Annual Tax Amount $19,727

Tax Year 24

Lot Size 5.370 Acres

Acres 5.37

Lot Dimensions 5.37

Property Sub-Type Commercial

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Fulton

Zoning C1

Rooms

Bedroom Description No

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Lot Description Level

Faces Use GPS Address: 2517 Dodson Drive, Atlanta, Ga 30344

Sewer Other

Water Other

Structure Type Brick

New Construction No

Others

Tax ID 14 0197 LL0484

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fixer

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Nearby Locations

Latonia Knox

Broker Associate | License ID: Ga: 365526 Mi: 6506048686

+1(678) 674-7929 | lknox@axenrealty.com

2517 Dodson DR Atlanta, GA 30344

Latonia Knox

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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