🔥 INVESTOR’S DREAM! HIGH-POTENTIAL WHOLESALE PROPERTY AT A STEAL– ACT FAST!!! 🔥
Listings Stats
The Numbers
Description of Property
LOCATION LOCATION LOCATION – This property is in a great location, which is about 12 minutes from downtown Atlanta. Great rental opportunity once fixed up.
Rent Rate – $1600 – $1900 per month.
This house is a 4 bedroom 2 full bath 1188 SQFT home. The House needs a full rehab, however seller started gutting it (sheet rock removal).
1. It has 8 year old HVAC, although the heater fan was stolen.
2. Two full bathrooms, with potential for a 3rd bathroom
3. 4 bedrooms
4. Living room & kitchen.(gutted)
5. Unfinished basement with laundry.(8×10)
6. Rear left add on roof & outer side wall needs to be replaced. (Also Recommend roof replacement) bad spot over master.
7. Just had the HVAC and electrical inspected last year, it was suggested that the seller leave the original wiring because of real copper wiring, although it could stand upgrades on the receptacles, replacing the old, and add GFI’s, USB & USBC etc…
Description of Repairs
Roof – Needs Replacement
Needs New Water Heater
Foundation is fine, seller said he had it inspected.
Electrical need Receptacle Outlet change
Plumbing is in good condition
-
Access:Message Me
-
Home Area(sqft):1,188
-
Property Type:Single Family Residence
The Numbers
-
Asking Price ($):$165,000
-
As-Is Price/Sq Ft:$138.89
-
Est. Cost of Repairs:$50,000
-
After Repair Value:$289,000
-
ARV Price/Sq Ft:$243.27
-
Est. Gross Profit/Equity:$74,000
-
Price Negotiable?:Yes
-
Purchase Option:Cash,
Comparables
-
Comp 1
Full Address:218 Taft Street SW, Atlanta, GA 30315Distance from Listing Property (mi):135ftSale Price:$288,600Sale Date:June 10, 2024
Flippery, LLC does not guarantee the accuracy of any data presented. This data is solely provided by the site member.
Report a problem
