1288 Westmont Road SW, Atlanta, Fulton County, GA, 30311 Atlanta GA US

USD 213800 For Sale
MLS: 7141253

Property Details

Bedrooms

3

Bathrooms

1

Neighborhood

Venetian Hills

Property Type

Residential

Description

An excellent opportunity with multiple exit strategies in the red hot West End/Oakland City/Venetian Hills area------------The property is located less than 1.7 miles to Lee + White Development, Monday Night Brewery and the Westside Beltline with a proposed access Beltline Park entrance less than .5 miles away. It is located 3.7 miles from Mercedes Benz Stadium and 6.5 miles from Midtown Atlanta------------Come build a 2,800 square foot, 5 bedroom with 4 full bathrooms with a rare 2 attached car garage. Please see architectural drawings and previously approved permit from City of Atlanta (save you a lot of time and money not having to do surveys, drawings, site plans and full permitting process)------------Property is vacant, no lockbox required. Please enter at own risk (owner is not responsible for safety when entering property)--------------Option #1Savvy investors come build and flip with great gross profit margins between 33% - 45%------------Option #2Long term hold investors you can walk in with a large amount of equity and hold as an Airbnb that generates 6 figure cash flow-------------Option #3Finding a 5 bedroom/4 bedroom w/attached 2 car garage intown for under $500k in almost impossible, but with this opportunity it is possible (plus you have a lot of equity)------------Comps between $575K - $765k within 2.1 miles------------1268 Lockwood DR SWAtlanta, GA 30311.4 miles awaySold for $575k on 8/8/20224 bedroom/3 bathroomSmaller at 2,400 sq ft vs 2,800 sq ftHas a 2 car garage------------ 1424 Westboro DR SWAtlanta, GA 303101.0 mile awaySold for $627.5k on 4/6/20224 bedroom/3 bathroomsSmaller at 2,300 sq ft vs 2,800 sq ftDoes not have a garage-------------- 840 Westmont RD SW Atlanta, GA 303111.1 miles away Sold for $590k on 5/23/20224 bedroom/3 bathroomsSame size at 2,800 sq ftDoes not have a garage ----------------939 Hall St Atlanta, GA 303101.3 miles awaySold for $690k on 10/21/20214 bedrooms/3 bathroomsSmaller at 2,470 sq ft vs 2,800 sq ftHas a 2 car garage--------------------- 2025 Cascade RD SW Atlanta, GA 30311 1.4 miles awaySold for $710k on 8/25/20225 bedroom/4 bathroomLarger at 3,395 vs 2,800 sq ftDoes not have a garage------------------------1900 Beecher RD SW Atlanta, GA 303101.5 miles awaySold for $629k on 7/29/20224 bedroom/2.5 bathroomsSmaller at 2,600 sq ft vs 2,800 sq ftDoes not have a garage------------------------ 1576 Rogers AVE SWAtlanta, GA 303101.5 miles awaySold for $635k on 3/24/2022Similar size at 2,8774 bedrooms/3 bathroomsDoes not have a garage------------------------ 1739 Shirley ST SW Atlanta, GA 303101.8 miles awaySold for $590k on 10/11/20224 bedrooms/4 bathroomsSmaller at 2,222 vs 2,800 sq ftHas a 1 car garage------------- 1761 Stokes SW Avenue Atlanta, GA 303101.9 miles awaySold for $675k on 10/11/20225 bedrooms/3 bathroomsLarger at 3,424 sq ft vs 2,800 sq ftDoes not have a garage------------- 2094 Highview Rd SW Atlanta 303112.1 miles awaySold for $765k on 3/1/20224 bedroom/3 bathroomSmaller at 2,550 sq ft vs 2,800 sq ftHas a 1 car garage Find out more about this property. Request details here

Location

Address

1288 Westmont Road Southwest, Atlanta, Georgia 30311, United States

City

Atlanta

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Real Estate Broker
Roland Kier
Top Tags
Vacant property
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