2464 East Tupelo Street, Atlanta

$849,000

4 Beds
3 Baths
0 Sqft
1.6 Acres
0 Garages

You could build your dream house right here on this rare huge intown lot of 1.6 acres. Owner lives in this house now. Perfect investment opportunity for someone that wants to live in or rent out this house & eventually develop the land OR just hold it & eventually sell this 1.6 acre land tract of potentially (5) five contiguous R-75 lots to a developer for a nice profit. Bring your developers!! Rare intown development opportunity of multiple contiguous units with even more land assemblage possibilities!! This is a wonderful redevelopment opportunity for much higher density, high end, in-town housing. NO REZONING REQUIRED in order to do a "Subdivision Re-plat" for five (5) R-75 lots here. PRICED AT JUST $180k PER LOT !!! Ideally located in unincorporated Deklab County just outside City of Atlanta limits and near East lake & City of Decatur. New Construction houses will sell in the mid 700's - plenty of comps to support this. Great area just north-east of Memorial Drive & Candler Road. See photos for survey, road concept plan, aerial, plat, topo map, zoning map, & R-75 zoning regulations. Possible assemblage opportunities here as well for an even larger development.

Essential Information
MLS® #7258345
Price$849,000
Bedrooms4
Bathrooms3.00
Full Baths3
Acres1.60
Year Built1962
TypeLand
Sub-TypeSingle Family Residence
StyleRanch
StatusActive
Community Information
Address2464 East Tupelo Street
SubdivisionNone
CityAtlanta
CountyDekalb - GA
StateGA
Zip Code30317
Amenities
ViewOther
WaterfrontNone
Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Interior
StoriesTwo
Exterior
Lot DescriptionCorner Lot, Rolling Slope
School Information
ElementaryAvondale
MiddleDruid Hills
HighDruid Hills
Additional Information
ZoningR75
Listing Details
Listed By:Hammontree Realty, LLC.
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Listing information last updated on April 30th, 2024 at 6:45am CDT.

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