1889 browns mill road seAtlanta, GA 30315

Description

Investor Special with Buildable Lot - Rare Package Deal Opportunity! This property is available individually or as a package deal with the adjacent vacant MLS# 7573326 residential lot listed for $30k, 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!