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$200,000
28 Days Online

242 Ormond Street SW
Atlanta, GA 30315

For Sale|Duplex|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
Mechanicsville
County:
Fulton

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404-205-8800
242 Ormond Street SW242 Ormond Street SW242 Ormond Street SW242 Ormond Street SW
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INVESTOR'S NEW BUILD SPECIAL!! Unlock the potential of this prime lot, a blank canvas for your next project. Whether you're planning a custom-built dream home or a profitable duplex, this property is ready to bring your vision to life. City permits for a three-story duplex are nearing issuance, so you're on the brink of breaking ground. The proposed duplex spans 2,650 sq ft, with each unit offering 1,400 sq ft of living space. Each unit will feature three bedrooms, three full bathrooms, and a convenient half bathroom. With permits almost finalized, you can start planning for separate sales of each unit on this zero-line lot, potentially doubling your profit and maximizing your investment. The appraised value of each unit is $455K, totaling $910K if both units are sold separately. However, if sold as a duplex, the property is appraised at $957K. Don’t miss out on this rare development opportunity! Located in a sought-after area with quick access to Downtown Atlanta, Hartsfield-Jackson Airport, Summerville, Georgia State University, Pittman Park, the Westside BeltLine trail, and a variety of shopping and dining options, this lot offers both convenience and high potential for returns. Don’t miss out on this incredible opportunity!

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Listing Snapshot
Price 
$200,000
Days Online 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0987 Acres
Year Built 
N/A
MLS® Number 
7438464
Status 
Pending
Property Tax 
$1,969
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Pending
4 weeks agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.0987
Additional Property Use 
Vacant
Property Sub Type 
Duplex
Utilities 
Electricity AvailableSewer AvailableWater Available
Zoning 
R5
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Exterior Features
Fencing 
None
Lot Features 
Cleared
Other Structures 
None
Road Frontage 
City Street
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Community Features 
None
Financing Terms Available 
Cash
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Paul L. Dunbar
Middle School
Martin L. King Jr.
High School
Maynard Jackson
Listing Provided Courtesy Of: Johanna Galnares of Keller Williams Rlty Consultants johanna.galnares@gmail.com

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Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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