The latest evidence that Mechanicsville is attracting investment dollars comes with a remodeled two-story just south of downtown, a property sellers say had been moldering since the Great Recession.
Listed by Keller Williams Realty at $275,000 last week, 389 Bass Street SW is described as being an entree into the “middle of Atlanta’s next up-and-coming neighborhood.”
Counting three bedrooms and a new parking pad out front, the house has stood since 2007 eight blocks west of the Connector and just south of Ralph David Abernathy Boulevard, which is a straight shot to Georgia State Stadium and the forthcoming housing, offices, and food-beverage options of Georgia Avenue.
The home’s renovator, Greg Mortimer of Kismet Holdings, said the former “real eyesore” had sat vacant for a decade. (We’re starting to sense a theme here.)
“We like to improve neighborhoods,” wrote Mortimer via email. “Very proud of this one.”
Perks include a double-decker porch, the fresh and functional kitchen (hello, farm sink), and first-floor windows that could be euphemistically described as childproof. Pertinent numbers: 1,704 square feet, two and a half bathrooms, and one new HVAC system.
Records indicate the property has traded for as little as $19,000 in 2015 but most recently moved for $110,000 last summer.
As standalone houses go, it’s Mechanicsville’s most expensive option at the moment, though at least one slightly larger home has closed for more this selling season.
Meanwhile, a batch of modern-style Mechanicsville duplexes on nearby Crumley Street saw larger units fetch close to $400,000 last year.