Grab This West ATL Flip Before It’s Gone 🚀

Atlanta, Georgia
Almond Park
+2

Listings Stats

Published: Aug 04, 2023
Last Edited: Apr 25, 2024
Listing Type: Wholesale
Listing Status: No Longer Available
Number of Views: 1599
Days On Flippery: 432
Number of Favorites: 2

The Numbers

Buy It Now Price: $160,000
Asking Price ($): $155,000
After Repair Value: $330,000
Est. Cost of Repairs: $80,000
Est. Gross Profit: $95,000
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Real Estate Investment

Description of Property

This single family house has plenty of potential to be your next flip! Nestled in West Atlanta’s Almond Park Neighborhood, there’s tons of investor activity.

Description of Repairs

Plan on a full rehab, including:
  • Flooring
  • Int Paint
  • fixtures
  • Update to bathrooms
  • Kitchen remodel w/ new appliances
  • Ext cosmetic updates
  • Access:
    Message Me
  • Build Year:
    1970
  • Home Area(sqft):
    1,104
  • Bedrooms:
    3
  • Heating:
    Furnace
  • Fireplace:
    No
  • Water:
    City
  • Property Type:
    Single Family Residence
  • Occupancy:
    Owner Occupied
  • Lot Size(acres):
    0.1873
  • Bathrooms:
    1.5
  • Cooling:
    Central A/C
  • Foundation:
    Unfinished Basement
  • Sewer:
    Public/City
  • Parking:
    Driveway

The Numbers

  • Asking Price ($):
    $155,000
  • As-Is Price/Sq Ft:
    $140.40
  • Est. Cost of Repairs:
    $80,000
  • After Repair Value:
    $330,000
  • ARV Price/Sq Ft:
    $298.91
  • Est. Gross Profit/Equity:
    $95,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Hard Money,
  • Est. Mthly. Rental Rate:
    $1,700
  • Rental Restrictions:
    No
  • HOA:
    No
  • Earnest Money Deposit:
    $5,000

Comparables

  • Comp 1

    Full Address:
    843 Center Hill Ave NW, Atlanta, GA 30318
    Distance from Listing Property (mi):
    0.5
    Sale Price:
    $359,900
    Sale Date:
    January 13, 2023

  • Comp 2

    Full Address:
    705 S Grand Ave NW, Atlanta, GA 30318
    Distance from Listing Property (mi):
    1
    Sale Price:
    $325,000
    Sale Date:
    March 27, 2023

  • Comp 3

    Full Address:
    2957 Eleanor Ter NW, Atlanta, GA 30318
    Distance from Listing Property (mi):
    2
    Sale Price:
    $340,000
    Sale Date:
    July 6, 2023

Property Inspection

  • Details:
    Message me

Closing Details

  • Closing Attorney / Title Company:
    Burgess Title & Escrow
  • Target Closing Date:
    August 31, 2023
  • Details:
    Closing end of August. Property will be verified vacant before closing.

Location

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