Rare opportunity for a homeowner/investor/builder to acquire 2 acres in the City of Decatur with the combined purchase of 629 and 625 S Candler St. 629 is a 1.43 acre parcel, 625 is a .58 acre parcel. A savvy Buyer can enjoy one home on this 2 acre oasis or they can build up to 9 units between the two lots. This does not include any potential options that the west portion of the property provides. The oversized 1.43 acre lot can be subdivided to remove the west portion of the property, creating a new R60 lot. Subdividing requires frontage infrastructure improvements along College Place at E Benson St and approval by the city. The existing home on the 629 lot can be expanded to create a larger home or it can be expanded/converted into a duplex, triplex, or quad. Any owner occupant of a SFR/duplex/triplex/quad can also build a detached Accessory Dwelling Unit. The vacant lot known as 625 S Candler St was approved for a new single-family home, but buyers also have the option to build a duplex, triplex or quadraplex. Any owner occupants of a SFR/duplex/triplex/quad on the now vacant lot can also build a detached Accessory Dwelling Unit. 625 and 629 S Candler St share a driveway. There is an easement on 629 for the drive to 625. Driveway easement crosses the lot approximately 150 ft behind the house, in the clearing behind the trees. Easement is staked. Existing home and building sites are not in a flood plain. The flood plain lies mostly within the 75’ stream buffer for Shoal Creek. Certificate for sewer connection approved by the county. Seller’s construction lending company can offer buyers a purchase and construction loan for the build phase. This property represents not just a wise financial venture but also a valuable life asset, particularly if you decide to reside there.

Listing courtesy of FMLS / Berkshire Hathaway HomeServices Georgia Properties

Last checked: Checking… • Last updated Apr 19, 2024 • Source: FMLS

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