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243 Bray Street

Athens, GA 30601
  • $639,900
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1016964
UPDATED: 133 min ago
$639,900
  • 0
    BEDS
  • 1.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,456
    SQFT
  • $439
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

243 Bray St, Athens, GA is where opportunity meets location! This prime piece of real estate was recently rezoned to RM 2 Zoning, offering many possibilities for savvy investors and developers. Situated in the heart of Athens, just a stone's throw away from downtown, this property presents an exceptional opportunity to capitalize on the growth of the Athens area. With RM 2 Zoning in place, this property allows for the development of up to twenty-four(24) units per acre. Whether you envision crafting a residential community or exploring other development ventures, the zoning flexibility opens doors to endless potential with proximity to downtown amenities, including dining, shopping, area hotspots, and of course the University of Georgia. With demand for housing and commercial space on the rise in Athens, this site presents buyers with an investment opportunity. The current owner is planning to lease the property for 10 months starting in August at $2,700 to allow a new buyer cash flow while planning improvements to the site. Lastly, there are many planned improvements to the North Ave corridor which can be provided upon request or for agents the link can be found in the private remarks.1. RM 2 Multi Family Zoning, 2. Potential to Increase Density, 3. 24 Bedrooms Per Acre Zoning

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Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-05-18T14:21:34.187.
www.signaturerealestateofathens.com/homes/150180280
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243 Bray Street Athens, GA 30601

  • Price: $639,900
  • Status: Active
  • On Site: 14 Days
  • Updated: 133 min ago
  • MLS #: 1016964
0
Beds
0
Baths
0
½ Baths
1.11
Acres
1,456
SQFT
$439
$/SQFT
1980
Built
Neighborhood:
No Recorded Subdivision
County:
Clarke Co.
Area:
Athens
Elementary School:
Stroud Elementary
Middle School:
Coile Middle
High School:
Cedar Shoals
Property Description
243 Bray St, Athens, GA is where opportunity meets location! This prime piece of real estate was recently rezoned to RM 2 Zoning, offering many possibilities for savvy investors and developers. Situated in the heart of Athens, just a stone's throw away from downtown, this property presents an exceptional opportunity to capitalize on the growth of the Athens area. With RM 2 Zoning in place, this property allows for the development of up to twenty-four(24) units per acre. Whether you envision crafting a residential community or exploring other development ventures, the zoning flexibility opens doors to endless potential with proximity to downtown amenities, including dining, shopping, area hotspots, and of course the University of Georgia. With demand for housing and commercial space on the rise in Athens, this site presents buyers with an investment opportunity. The current owner is planning to lease the property for 10 months starting in August at $2,700 to allow a new buyer cash flow while planning improvements to the site. Lastly, there are many planned improvements to the North Ave corridor which can be provided upon request or for agents the link can be found in the private remarks.1. RM 2 Multi Family Zoning, 2. Potential to Increase Density, 3. 24 Bedrooms Per Acre Zoning
Exterior Features

Construction Materials Aluminum Siding Garage YN No Other Structures None Parking Features Additional Parking Parking Available Parking Total 4 Waterfront YN No

Interior Features

Appliances Dishwasher See Remarks Basement Crawl Space Basement YN No Cooling Heat Pump Cooling YN Yes Foundation Details Crawlspace Heating Heat Pump Heating YN Yes Interior Features Ceiling Fans High Speed Internet Other See Remarks Cable TV Levels One Main Level Bathrooms 0

Property Features

Association YN No Possession Closing Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2812.5 Tax Year 2023 Utilities Cable Available Water Source Public Zoning Description Multi- Family

[Athens Area Association of Realtors] logo Listing provided courtesy of 5Market Realty: (706) 850-4636. © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®.


Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-05-18T14:21:34.187.
 
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Signature Real Estate of Athens
3149 Atlanta Highway, Suite 4A
Athens GA, 30606