2284 Alvin Drive Northwest

Atlanta, GA 30318

$540,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors/developers! Rarely available income-producing quadruplex on a 1+ acre lot in booming Westside/Grove Park area & right next to new Westside Reservoir Park (ATLCOs largest park that will soon feed into the Beltline Westside Trail!) Property is down the road from explosive multi-million $ developments at Quarry Yards, a 70 acre master-planned mixed-use development to include a boutique hotel, restaurants, retail and more. This unique lot has frontage along both Hollywood Rd AND...Calling all investors/developers! Rarely available income-producing quadruplex on a 1+ acre lot in booming Westside/Grove Park area & right next to new Westside Reservoir Park (ATLCOs largest park that will soon feed into the Beltline Westside Trail!) Property is down the road from explosive multi-million $ developments at Quarry Yards, a 70 acre master-planned mixed-use development to include a boutique hotel, restaurants, retail and more. This unique lot has frontage along both Hollywood Rd AND quiet side street giving ample opportunity for re-development of this massive lot. Opportunities are endle$$ on this cash cowCa add on, tear down and re-build, or let it sit and watch the equity pile up while developments in this area make the Westside Park/Quarry Yards the next hottest destination in ATL. Current monthly rental income is approx. $4,000, and grossly under-rented. Low taxes, easy access to I-285 and a quick drive to downtown Atlanta, Mercedes Benz Stadium, the Gulch and GA Tech. ThereCOs a reason developers have grabbed almost every lot surrounding this jackpot lot. Zoned R5. Sold As-Is. WILL NOT LAST. Showings at Open Houses ONLY: Sat 6/4, and Sun 6/5 (12pm-3pm) both days. Reviewing all offers Monday 6/4.

Listing Agent

Property Details for 2284 Alvin Drive Northwest

Subdivision
Westside Atlanta
Fees Include
None
Parking
Parking Pad

Location

Sold By HomeSmart, Carey Skogen

Add your commute
LISTING UPDATED: 03/13/2024 09:39 AM

Property Details for 2284 Alvin Drive Northwest

StatusSold
MLS #10048647
Days on Market6
Taxes$4,035 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1940
Lot Size1.09 AC / 47,698 SF
CountyFulton County

Location

Sold By HomeSmart, Carey Skogen

Add your commute

Building Information for 2284 Alvin Drive Northwest

Stories2Residences4Year Built1940Building Size-Lot Size1.09 AC / 47,698 SF

Payment Calculator

$3,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,947

Property Taxes

$336

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2284 Alvin Drive Northwest

Summary
Location and General Information
  • Elementary School: Boyd
  • High School: Douglass
  • Middle School: Harper Archer
  • Amenities: Walk To Public Transit
  • Directions: Use GPS.
Taxes and HOA
  • Association: No
  • Parcel Number: 17 024800140067
Owner
  • Owner Pays: Garbage
Parking
  • Parking Total: 4
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: None
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Central, Electric
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public
Property and Assessments
  • Tax Year: 2021
  • Construction: Stone Frame
  • Stories: Two
  • Deed Page: 498
  • Property Condition: Resale
  • Deed Book: 59110
Lot Information
  • Structure: Quadruplex
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Fuel Expense: $.00
  • Annual Gross Income: $47,100.00
  • Annual Operating Expense: $.00
  • Annual Maintenance Expense: $.00
  • Insurance Expense: $.00
  • Water Sewer Expense: $.00
  • Electric Expense: $.00

Property History for 2284 Alvin Drive Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2284 Alvin Drive Northwest

Taxable ValueLand$16,000Additions$192,680Total$208,680
Tax Record2023$8,639 ($720 / month)
Home Facts
Baths1Total Finished SqFt3,472 SqFtAbove Grade Finished SqFt3,472 SqFtStories1Lot Size47,698 SqFtStyleMulti-Family Res (5+ Units)Year Built1940Year Renovated1990ZoningR5CountyFULTONAPN17 024800140067

Schools near 2284 Alvin Drive Northwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Boyd Elementary School
PublicPK to 5

John Lewis Invictus Academy
Public6 to 7

Douglass High School
Public9 to 12

The B.E.S.T. Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.