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Investment opportunity approx 2 miles away from UGA!! Great location with food and shopping near!

Athens, Georgia
N/A
Real Estate Investment

Description of Property

4 bed 2 bath, 1771 sq ft

Could sell as a duplex (1/1 and 3/1) 

Basement, 2 kitchens, indoor porch 

Tenant occupied.

Free & Clear, Absentee Owner

Description of Repairs

Almost a full rehab. Everything will need to be updated. Windows, roof, gutters, flooring, appliances, etc. 

  • Access:
    Message Me
  • Home Area(sqft):
    1,771
  • Bedrooms:
    4
  • Property Type:
    Duplex
  • Occupancy:
    Tenant Occupied
  • Lot Size(acres):
    8276 sq ft
  • Bathrooms:
    2
  • Foundation:
    Unfinished Basement
  • Parking:
    Carport

The Numbers

  • Asking Price ($):
    $185,000
  • As-Is Price/Sq Ft:
    $104.46
  • Est. Cost of Repairs:
    $90,000
  • After Repair Value:
    $321,633
  • ARV Price/Sq Ft:
    $181.61
  • Est. Gross Profit/Equity:
    $46,633
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash,

Comparables

  • Comp 1

    Full Address:
    123 Rose St Athens, GA 30606
    Distance from Listing Property (mi):
    0.24 mi
    Sale Price:
    $250,000
    Sale Date:
    November 7, 2024
  • Comp 2

    Full Address:
    1092 w lake dr, Athens, ga 30606
    Distance from Listing Property (mi):
    0.47 mi
    Sale Price:
    $340,000
    Sale Date:
    September 2, 2024
  • Comp 3

    Full Address:
    328 sunset Dr, Athens, ga 30606
    Distance from Listing Property (mi):
    0.45 mi
    Sale Price:
    $374,900
    Sale Date:
    November 7, 2024

Property Inspection

Location

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