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3554 Rainbow Drive

$100,000

3554 Rainbow Drive, Decatur, GA 30034

Active
Last Updated: 11/28/2023

Undeveloped/Zoned Residential

Zoning

 
Details:
Zoning:    Undeveloped/Zoned Residential
Highlights:
  • Lot Features: Level
  • Bedrooms Total: 0
  • Bathrooms Total: 0
  • Documents Available: Other
  • Security Features: None
  • Buyer Agency Compensation: 2.75
Description:

Two Buildable Basement Lots in Decatur

-Lots have access to all utilities: Sanitary Sewer Manhole is located at the rear of the property, Electricity and Water are at the street.
-These are two land lots with separate addresses.
-Land naturally slopes to the rear of the lots, which allows for construction of daylight basements by cutting embankment instead of using backfill.
-Comparable SFH's sales within 1 mile support an ARV of $450 - $550k (E.G. Hilson Commons).
-The size of each lot allows for the construction of a 5,000+ sq. ft. home on each lot with the option to construct an Accessory Dwelling Unit, while maintaining the natural beauty and privacy that is associated with a wooded lot.
-Property is located 15 minutes (12 miles) from Downtown Atlanta and 20 minutes (14 miles) from Midtown Atlanta.
-GDOT will be constructing a sound barrier along the west side of the property.
-Owner financing may be considered, contingent upon the terms of the offer.
-The seller at additional costs has the capacity to complete all required engineering documents and plans and build to suit.

Map:
Location
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