1840 Wells DR SW

Atlanta,GA 30311

$ 55000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status New

Purchase Type For Sale

MLS Listing ID 10494526

Annual Tax Amount $1,084

Tax Year 2024

Lot Size 0.840 Acres

Property Sub-Type Unimproved Land

Property Description

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

State GA

County Fulton

Rooms

Other Rooms None

Exterior

Community Features Park,Sidewalks

Utilities Available None

View Y/N No

Building

Lot Description Level

Sewer None

Water None

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

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