243 Bray Street Athens, GA 30601

 

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 stones 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

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$565,000 160 Mulberry Street Athens, GA 30601

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