🔥🏠QUICK CLOSE!! MORROW, GA DEAL!!!!

Morrow, Georgia
Dogwood Acres
+1

Listings Stats

Published: Oct 11, 2023
Last Edited: Apr 25, 2024
Listing Type: Wholesale
Listing Status: Sold
Number of Views: 464
Days On Flippery: 393
Number of Favorites: 0

The Numbers

Buy It Now Price: $179,900
Asking Price ($): $0.00
Prev.Asking Price ($): $190,000
After Repair Value: $253,000
Est. Cost of Repairs: $30,000
Est. Gross Profit: $33,000
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Real Estate Investment

Description of Property

3 Beds 1.5 Baths – House

 

VACANT Brick Ranch on 0.33 acres. Original Hardwood Throughout. High Potential for flip or buy and hold. Neighborhood is 10 mins from I75 and shopping. ARV 253K. SERIOUS END BUYERS ONLY!!!! If it’s up, it’s still available! DM ME for more details!

Description of Repairs

Kitchen needs updating Bathrooms need updating Floors Need staining Needs new HVAC unit Painting needed
  • Access:
    Message Me
  • Build Year:
    1971
  • Home Area(sqft):
    1,162
  • Bedrooms:
    3
  • Heating:
    Furnace
  • Fireplace:
    No
  • Water:
    City
  • Property Type:
    Single Family Residence
  • Occupancy:
    Vacant
  • Lot Size(acres):
    0,33
  • Bathrooms:
    2
  • Cooling:
    Central A/C
  • Foundation:
    Crawl Space
  • Sewer:
    Public/City
  • Parking:
    Carport

The Numbers

  • Asking Price ($):
    $190,000
    $179,900
  • As-Is Price/Sq Ft:
    $163.51
  • Est. Cost of Repairs:
    $30,000
  • After Repair Value:
    $253,000
  • ARV Price/Sq Ft:
    $217.73
  • Est. Gross Profit/Equity:
    $33,000
  • Price Negotiable?:
    No
  • Purchase Option:
    Cash, Hard Money, Conventional Loan, FHA Loan,
  • Est. Mthly. Rental Rate:
    $1,800
  • Rental Restrictions:
    No
  • HOA:
    No
  • Earnest Money Deposit:
    $2,500

Comparables

  • Comp 1

    Full Address:
    6020 CRISTIE DR ELLENWOOD, GA
    Distance from Listing Property (mi):
    0.3
    Sale Price:
    $163,000
    Sale Date:
    September 14, 2023

  • Comp 2

    Full Address:
    5908 RONNIE DR REX,GA
    Distance from Listing Property (mi):
    0.8
    Sale Price:
    $275,000
    Sale Date:
    September 5, 2023

  • Comp 3

    Full Address:
    2775 KATHIE LN ELLENWOOD, GA
    Distance from Listing Property (mi):
    0.4
    Sale Price:
    $284,900
    Sale Date:
    July 18, 2023

Property Inspection

  • Date:
    October 11, 2023
  • Start Time:
    08:00 AM
  • End Time:
    09:00 AM

Closing Details

  • Closing Attorney / Title Company:
    The Gurvey Law Group
  • Target Closing Date:
    October 25, 2023
  • Details:
    $2500 NON REFUNDABLE EMD

Location

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