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1840 Wells DR SW, Atlanta Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$44,900
Lot size
0.84 acres
Price / acre
$53,452.38
Sale type
—
Property subtype
UNIMPLND
Lot size
0.84 acres
Zoning
—
Frontage
—
Listing #
EN-33524
MLS #
10573407

Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.

Location

GAMLS
Listed by Keller Williams Realty
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10573407

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