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243 Bray Street, Athens, GA 30601

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For Sale

$639,900

1,456 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $439.49
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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
MLS# 1016964

Courtesy Of Five Market Realty. LLC

(706) 850-4636

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Ceiling Fan, Cable Ready, Wired
  • Appliances
    Dishwasher
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Exterior Type
    Aluminum Siding
  • Heating System
    Heat Pump
  • Lot Size
    1.11 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 243 Bray Street, Athens, GA 30601

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Monthly Payment Breakdown

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  • Hazard Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Athens Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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