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John Bailey Realty

3324 Peachtree Rd. NE., Suite C. Atlanta, GA 30326
Phone: 770-484-7888

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Natara Rice

Realtor ®

  • Office 770.484.7888
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702 Fraser Street Se, Atlanta, GA – $499,999

  • $500k Price
  • 2 Beds
  • 1 Bath
  • .06 Acres
  • $500k Price
  • 2 Beds
  • 1 Bath
  • .06 Acres

702 Fraser Street Se

BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT TO THE SELLER. Zoned R-4B-C, this prime Atlanta Intown location in Historic Summerhill is ideal for a redevelopment opportunity. This parcel is a corner lot, leveled, and consists of 2 properties currently, both built in the 1920's, a Craftsman Bungalow style home, and a Duplex! The redevelopment opportunity would be perfect for a primary residence(s), short- or long-term rentals, student housing, etc. Assemblage opportunity available if desired! Summerhill, Atlanta's first neighborhood was founded in 1865 and is known for its rich history & timeless charm. At the intersection of 3 major highways, connected by transit, and a short distance from the world's busiest airport, Summerhill has been the redevelopment site of Atlanta's former Olympic Stadium and surroundings. The 83-acre mixed- use project is underway, with Publix as the anchor. To date, there is over $1B in investment either constructed or planned. Today, Historic Summerhill is a vibrant community, with a thriving arts & culture scene, an active business district, and several beautiful parks and green spaces. Minutes away are GA State University's Main Campus, GA State Capitol, Center Parc Stadium (formerly Brave's Turner Field), The Atlanta Beltline, Grant Park, Atlanta Zoo, The Beacon Atlanta, and steps away from the Summerhill Commercial District, including Georgia Avenue which is home to some of Atlanta's best chefs and retailers. Summerhill is a unique and special place. It is a neighborhood that is beloved by its residents and visitors alike, and it continues to be an important part of the fabric of the city of Atlanta.

Essential Information

  • MLS® #7253222
  • Price$499,999
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Acres0.06
  • Year Built1920
  • TypeLot / Land
  • Sub-TypeDuplex
  • StyleBungalow, Craftsman, Ranch
  • StatusActive

Community Information

  • Address702 Fraser Street Se
  • SubdivisionSummerhill
  • CityAtlanta
  • CountyFulton - GA
  • StateGA
  • Zip Code30315

Amenities

  • ViewOther
  • WaterfrontNone

Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Interior

  • StoriesTwo

Exterior

Lot Description

Corner Lot, Level, Sidewalk, Street Lights

School Information

  • ElementaryParkside
  • MiddleMartin L. King Jr.
  • HighMaynard Jackson

Additional Information

  • ZoningR4BC
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Price Change History for 702 Fraser Street Se, Atlanta, GA (MLS® #7253222)

Date Details Change
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to Active
Price Reduced from $730,000 to $499,999 $230,001 (31.51%)
Status Changed from Active to Active Under Contract

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Listing information last updated on May 8th, 2024 at 8:00am EDT.