1238 S Madison AVE Monroe, GA 30655

CALLING ALL BUILDERS AND INVESTORS!! Don't miss this GREAT opportunity to own 1.3 ACRES of 4 buildable lots in Charming and Quickly-Growing Downtown Monroe – two houses and two vacant lots sit on this property and are included in the sales price. The addresses for all lots included in this sales price are 1238 S. Madison, 1240 S. Madison, 223 Atha St, and 227 Atha St. Multiple rehabbed single-family homes and commercial properties are nearby and is located less than 30 minutes from quickly growing areas such as Social Circle, Covington, and Loganville. The upcoming Rivian plant will straddle Morgan and Walton Counties, bringing thousands of new jobs, residents, and an increased need for housing. Easy Access to St. Rt. 11 (Winder) and Hwy 78 to Athens or Atlanta.
Homes located on the property can be rehabbed or demolished to build a total of four new construction homes (Certificates of Appropriateness already obtained to demolish the buildings and architectural plans are already approved). If demolition is your preference, a new plat has already been approved by the City. This new plat equalizes the S. Madison lot sizes and comes complete with setbacks, boundaries, and utilities, and there are also new sewer taps at both houses. The City has already disconnected all utilities from the existing buildings in preparation for demolition. The City has installed new sewer lines and has repaved S. Madison Avenue. The City is also currently installing new utility poles along S. Madison and plans for new sidewalks and possibly lantern-style lamp posts are in the works as well. The City has also been entertaining a rails-to-trails project that will run parallel with the property line.
Don't miss your opportunity!
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