783 Cascade Ave., Atlanta, GA 30310

783 Cascade Ave., Atlanta, GA 30310
Photo 1 of 12
$280,000
Beds Baths Sq. Ft. Taxes Built
4 2.00 0 $1,946 1930
On the market: 10 days
Other active MLS# for this property: 7475685 7475685

Est. Monthly Payment:

$1,763($1,601 + $162 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Investors! Strategic Location, Convenience and Urban Appeal! This ~0.4 acre site offers a chance to be part of the exciting developments in the West End/Westview/Beecher Donnelly neighborhoods of Atlanta. Mercedes-Benz Stadium is a short drive away. The $450M Mall West End redevelopment is only 1.5 miles from this site. The BELTLINE is even closer (half a mile away) along with favorites like Monday Night Brewing, Slutty Vegan and John A. White Golf Course, not to mention Kroger and other essentials. The City of Atlanta has announced extensive streetscape improvements along Cascade Road. Right across the street, is the very popular Parc Garden restaurant. Businesses are investing and homes are being built and renovated at and near this neighborhood commercial intersection (Casade/Beecher/Westboro). The nearby Oasis Apartments have been recently renovated.//////////////////// ZONING: This site offers Cascade Avenue frontage with a generous total acreage of ~ 0.4 acres thanks to the extra parcel (known as 0 Beecher) which is included in the sale. 783 Cascade is zoned NC-14 which is a very accomodating category. 0 Beecher is zoned R-4. 779 Cascade is also for sale and would bring your total land to ~0.66 acres. The property is in the Beltline overlay. ////////////////// DEVELOPMENT OPTIONS for the property include: 1- For HIGHEST AND BEST USE, tear down the existing house and build affordable, student or upscale multi-unit housing on the site using 0 Beecher for additional units, parking or open space. (See concept plan in photos.) 2- Tear down for retail or other commercial use. 3– Rehab the existing home to a 4-5 bedroom property, and add garage in the rear. ARV's in the area are $550,000 - $600,000. 4 -Tear down and new construction. 5- Acquire access for 0 Beecher (possibly via a shared driveway easement) and have two lots. 6- Buy and hold for appreciation.
Listing courtesy of Lee Williams & Steve Ostenson, Ostenson Real Estate Group, LLC. & Ostenson Real Estate Group, LLC.