2265 Childress Dr Atlanta, GA 30311
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 2265 Childress Dr
- Property type
- Residential income homes
Description
This exceptional investment opportunity encompasses four parcels totaling over 1.6 acres on Childress Drive SW in Atlanta, GA. The assemblage includes two 1,066 sq ft, three-bedroom, 1.5-bathroom brick homes built in 1955, one currently rented and generating income via an Atlanta Housing Voucher recipient, and the other vacant but easily rentable after minor cosmetic updates. Two additional vacant lots offer significant redevelopment potential. The property is zoned for Low-Density Commercial use, allowing for diverse development options including retail, office, mixed-use, or expanded residential projects. The solid brick construction of the existing homes minimizes renovation costs, while the substantial land acreage provides a blank canvas for creative development strategies. Located in a thriving Atlanta neighborhood with convenient access to major transportation routes, this assemblage presents a compelling value-add opportunity with strong potential for immediate rental income and long-term appreciation. The asking price is $550,000, offering a competitive price per square foot of land and significant upside potential for investors seeking immediate cash flow and future development gains. This is a rare chance to acquire versatile properties in a dynamic market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4865319
- Latitude
- 33.6937839
