High Potential – Full Rehab in Venetian Hills 🤑
Atlanta, Georgia
Venetian Hills
Listings Stats
Published:
Apr 05, 2024
Last Edited:
Apr 25, 2024
Listing Type:
Wholesale
Listing Status:
No Longer Available
Number of Views:
754
Days On Flippery:
263
Number of Favorites:
0
The Numbers
Buy It Now Price:
$195,000
Asking Price ($):
$190,000
After Repair Value:
$315,000
Est. Cost of Repairs:
$75,000
Est. Gross Profit:
$50,000
Description of Property
A ton of potential with the full rehab fix & flip in highly desirable Venetian Hills.
Description of Repairs
Plan on a full rehab and potentially finishing off the basement to add to the living square footage and maximize the ARV.
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Access:Message Me
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Build Year:1960
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Home Area(sqft):876
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Bedrooms:3
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Heating:Furnace
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Fireplace:No
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Water:City
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Property Type:Single Family Residence
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Occupancy:Vacant
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Lot Size(acres):0.27
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Bathrooms:1
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Cooling:Central A/C
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Foundation:Unfinished Basement
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Sewer:Public/City
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Parking:Driveway
The Numbers
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Asking Price ($):$190,000
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As-Is Price/Sq Ft:$222.60
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Est. Cost of Repairs:$75,000
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After Repair Value:$315,000
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ARV Price/Sq Ft:$359.59
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Est. Gross Profit/Equity:$50,000
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Price Negotiable?:Yes
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Purchase Option:Cash, Hard Money,
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Est. Mthly. Rental Rate:$1,500
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Rental Restrictions:No
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HOA:No
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Earnest Money Deposit:$5,000
Comparables
No info given
Property Inspection
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Details:TBD
Closing Details
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Closing Attorney / Title Company:Perrie & Associates
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Target Closing Date:April 19, 2024
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Details:👉 $4k seller contribution to closing costs!
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