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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