Active
243 Bray Street
Athens GA, 30601
$639,900
$439.49 per sqft
Active
1,456 sqft
Residential
Built in 1980
Listed by Scott Talley with 5Market Realty (706) 850-4636
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
1016964
MLSⓇ ID
May 1, 2024
Listed
May 9, 2024
Updated
Map
243 Bray Street
Athens GA, 30601
Interior Features
Total Stories
1
Interior Features
Ceiling Fan(s), High Speed Internet, Other, See Remarks, Cable TV
Appliances
Dishwasher, See Remarks
Fireplace
No
Cooling
Yes
Cooling Description
Heat Pump
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
1.11 Acres
Sewer
Public Sewer
School Information
High School
Cedar Shoals
Elementary School
Stroud Elementary
Other Property Details
Taxes
$2,813
Tax Frequency
Annually
Garage
No
Parking
Additional Parking, Parking Available
Parking Total
4
View
No
County
Clarke Co.
Water Source
Public
Pool
No
Buyer Agency Compensation
2.75%
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gena Knox shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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