243 Bray Steet RM-2 Zoning

1.11 Acres of Residential Land Offered at $639,900 USD in Athens, GA 30601

Asking Price $639,900

Sale Condition: Build to Suit
Property Type: Land

Listing Contacts

Scott Talley

Verified Profile

Property Info

Property Overview

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

Property Details

Property Subtype: Residential/Multifamily

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