This
is a corner lot with 100 feet of frontage on Evelyn Place and 165 feet of
frontage on Madrona Street. The zoning is R-4, which requires only 70' of
road frontage. This lot can be easily subdivided into 2
lots. The new lots would front on Madrona Street. This is a stable
NW Atlanta neighborhood. There is recent new construction in the area.
Prior to building, you will need to demo the old foundation.
The
2009 tax value is $35,000.
$20,000
We
are offering owner financing! Just pay $5k now and you have 5 years to
come up with the rest. That gives plenty of time for the market to
turn around. This is the biggest no-brainer we have offered.
Now
is the perfect time to split out these lots. The city's zoning office is
not busy and the engineers will be bidding to get your work!
Consider
buying this lot in your IRA. This is the perfect buy and hold.
