$55,000

1840 Wells Drive SW, Atlanta, GA 30311

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.84acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.

Listing Status:
Active
Date Added:
April 5, 2025 at 05:00AM
Listing Office:
Keller Williams Realty : 404-541-3500
Listing Agent:
Adam G. Mincey : 770-714-5693
MLS ID:
10494526
  • General: None

This listing courtesy of Adam G. Mincey, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cascade Elementary School

2326 Venetian Dr SW, Atlanta, GA, 30311

Grades PK-5

0.81 miles away

Y

Young Middle School

3116 Benjamin E Mays Dr SW, Atlanta, GA, 30311

Grades 6-8

2.21 miles away

D

D. M. Therrell High School

3099 Panther Trl SW, Atlanta, GA, 30311

Grades 9-12

1.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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