City of Decatur Multi-family Opportunity

Posting ID : A1068462076
Date Posted : 2015-08-18
Category : Real Estate By Broker

915 Clairemont Ave - Property is currently a one acre lot with a single-family residence. Property will be rezoned to Institutional which allows for single-family and multi-family dwellings. Property will be subdivided into two lots - one lot will provide additional space for Woodlands Garden which is a 7.1 acre nature preserve. The second subdivided lot with the current residence is being offered for sale.

Residence is 3774 sq feet with a full basement that has interior and exterior entrances. Main level is 2 br/2 baths. Upstairs level is 4 br/1 bath. Hardwood floors throughout, but in rough shape. One fireplace. Interior will require a total renovation. No water or moisture issues.

Property is in the Clairemont Ave Historic District. The current residence cannot be razed. Property may be eligible for Georgia rehabilitation tax credits and a 8 1/2 -year property tax assessment freeze.

Please email with any questions. Jay Johnson
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Palmerhouse Properties


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