• Estimated Value $601,733
  • Estimated Value: $601,733
  • 1140 DR MARTIN LUTHER KING PKWY ATHENS, GA 30601

  • 1 Bath 1,490 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 1140 DR MARTIN LUTHER KING PKWY, ATHENS, GA 30601

Features

  • Lot Size: 201247.00 sq. ft.
  • Total Rooms: 6
  • Roof Type: Composition Shingle
  • Heating: Heat Pump
  • Construction Type: Wood
  • Exterior Walls: Brick

Facts

  • Year Built: 01/01/1965
  • Property ID: 867296649
  • MLS Number: 10266320
  • Parcel Number: 16-3-B1 B-001
  • Property Type: Single Family Home
  • County: CLARKE

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Georgia Premier Real Estate Advisors is pleased to offer for sale this +/- 5 acre redevelopment tract ideally located near downtown Athens and the loop for easy access. This tract is zoned RS-8 which allows for a maximum density of 3.8 residential dwellings per acre. There is a pond on site that, according to Athens-Clarke County is NOT a state waters and therefore would not require buffers. The pond could also be drained and filled for increased developable land with proper permitting. The seller has a letter in hand from Athens - Clarke County stating the above. There are two rental homes on the property that are fully leased for a total of $3,400 per month. Use this cash flow to carry the property until ready to redevelop. Leases are in place until November, 2024.

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