GA > Atlanta > English Avenue
Atlanta, GA 30318,554 Paines AVE NW
Atlanta, GA 30318,554 Paines AVE NW
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Renting GA

Renting GA

+1(404) 953-8167
$250,000
Est. payment /mo
3,179 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status New

Purchase Type For Sale

Subdivision English Avenue

MLS Listing ID 10610840

HOA Y/N No

Annual Tax Amount $1,468

Tax Year 24

Lot Size 3,179 Sqft

Acres 0.073

Lot Dimensions 3179.88

Property Sub-Type Residential Lot

Source Georgia MLS 2

Property Description

Partnership Opportunity: Transformative Real Estate Development in Northwest Atlanta Investment Buy-In: $250,000 Structure: Trilateral Partnership - Nonprofit | For-Profit | Private Sector We are extending an exclusive opportunity to join a unique, mission-aligned real estate partnership focused on equitable development in Northwest Atlanta, designed to deliver both community value and strong investment returns. The Vision: Our goal is to develop a mixed-use, mixed-income residential hub that blends affordability, sustainability, and long-term community ownership. With a commitment to social impact and smart growth, this initiative is structured as a trilateral partnership between: A mission-driven nonprofit stewarding community land trust (CLT) ownership An experienced for-profit development team Select private investors aligned with community-centered values Project Overview: A single-family detached home that will serve as a pilot for long-term affordability through our community land trust model. The site will feature a blend of for-sale and for-rent units, with intentional affordability built into the structure of ownership. The CLT component will ensure perpetual affordability and community stewardship. The Investment: We are offering a limited number of investors the opportunity to buy into the partnership with a $250,000 investment. This capital will support predevelopment and initial build-out efforts, with investor returns tied to both equity participation and revenue generated through sales and rentals. Why Partner With Us? Impact: Be part of a model that blends financial return with measurable community benefit. Innovation: Participate in a pioneering collaboration between nonprofit, for-profit, and private capital. Growth Potential: Northwest Atlanta is experiencing a wave of thoughtful revitalization; this project is positioned to be a cornerstone of that momentum. We are seeking partners who share our vision of inclusive development and are eager to help shape a new standard for equitable real estate investment. We would welcome the opportunity to speak with you further about this opportunity and share more detailed pro formas, site plans, and partnership terms. Thank you for considering being part of a transformative project that builds both wealth and community. **Potential to include two more developments: 823 North Ave NW 386 Elm Street NW

Location

State GA

County Fulton

Interior

Fireplace No

Exterior

Community Features Park, Playground, Sidewalks, Walk To Schools

Utilities Available Electricity Available, Natural Gas Available

View Y/N No

Private Pool No

Building

Lot Description Level

Faces GPS

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Hollis Innovation Academy

Middle Schools M R Hollis

High Schools Washington

Others

Tax ID 14 011100011053

Acceptable Financing Cash, Land Bank Loan

Listing Terms Cash, Land Bank Loan

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Renting GA

Renting GA

+1(404) 953-8167

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