Charming Historic Home in Inman Park Awaiting Restoration
1052 Euclid Avenue NE
Atlanta, GA 30316
Elevated in the heart of Atlanta's esteemed Inman Park Historic District, 1052 Euclid Avenue NE
presents a rare opportunity to own a piece of the city's rich architectural heritage. This 1920-built
residence, with a traditional deep front porch, consists of 1,833 square feet on 0.17 acres stands
as a testament to early 20th-century design, awaiting a visionary to restore its original splendor.
Offered at $$$
Why Inman Park?
Inman Park, established in the late 19th century, holds the distinction of being Atlanta's first planned suburb. Renowned for its tree-lined streets and eclectic mix of Victorian-era homes, the neighborhood offers residents a unique blend of historic charm and modern amenities. Its vibrant community is celebrated for:
Architectural Beauty: The area boasts some of Atlanta's most stunning examples of Victorian architecture, reflecting the city's rich history.
Community Events: Inman Park is home to the annual Inman Park Festival, a lively celebration featuring a parade, arts and crafts market, and home tours, drawing visitors from all over.
Restaurants, Bars and Shops: Inman Park and neighboring Little Five Points are two of Atlanta's most vibrant neighborhoods, each offering a unique blend of dining, shopping, and entertainment options.
Green Spaces: Residents enjoy proximity to several parks and the Atlanta BeltLine, providing ample opportunities for outdoor activities.
Financial Incentives for Restoration
Purchasing and restoring a historic property in Inman Park comes with significant financial benefits:
State Tax Incentives: Georgia offers state tax credits for owners undertaking substantial rehabilitation of historic properties. Eligible participants can apply for a state income tax credit equaling 25% of qualifying rehabilitation expenses, capped at $100,000 for a principal residence, and $5 million or $10 million for all other properties.
Property Tax Assessments: The Preferential Property Tax Assessment Program freezes the county property tax assessment for more than 8 years, providing substantial savings for homeowners.
Local Grants: Organizations such as The Trolley Barn offer grants to qualifying entities undertaking work that directly benefits Inman Park and its residents, supporting historic preservation and community revitalization.
Embrace the Opportunity
Restoring 1052 Euclid Avenue NE is more than just a renovation project; it's a chance to become part of Inman Park's storied legacy. By breathing new life into this historic home, you'll not only create a personalized living space but also contribute to the preservation of Atlanta's architectural heritage. Seize this unique opportunity to blend the charm of the past with the comforts of the present.
Sam McKinlay
Atlanta REALTORS® Association
Top Producer
1799 Briarcliff Road, Suite Q2
Atlanta, GA 30306
404-874-9094
Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice
Each ERA® office is independently owned & operated.
© 2022 MoxiWorks
