John Ruch, Saporta Report
A 120-year-old Victorian mansion that is a long-endangered historic gem of Downtown Atlanta may have a new owner who is pledging to restore it for future glory.
The long-vacant Rufus M. Rose House at 537 Peachtree St. has a new owner promising restoration. Credit: Atlanta Preservation Center
The Rufus M. Rose House at 537 Peachtree St. is under contract to be bought for $1.65 million by UC Asset LP (also known as UCASU), a Chamblee-based real estate development company, the firm announced June 30. The company did not say what it plans for a future use of what it calls the “Rose on Peachtree,” but said the mansion and its many original details will be saved.
Read the complete article at the link above.