🫰QUICK CLOSE!!! 🔥OFF MARKET ATLANTA FLIP!🏡

Atlanta, Georgia
GROVE PARK
+5

Listings Stats

Published: Oct 22, 2023
Last Edited: Apr 25, 2024
Listing Type: Wholesale
Listing Status: Sold
Number of Views: 463
Days On Flippery: 382
Number of Favorites: 0

The Numbers

Buy It Now Price: $130,000
Asking Price ($): $130,000
After Repair Value: $265,000
Est. Cost of Repairs: $25,000
Est. Gross Profit: $110,000
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Description of Property

– Front Door Access (No appt needed)
– Needs remaining Rehab completed. Majority of Materials are left on site included!
– New Roof
– New HVAC
– New Electrical Unit
– New Bathroom
– Needs Flooring
– New Water Heater
– New Sheetrock is in place
– Zoning: R3

Description of Repairs

PROECT NEEDS TO BE COMPLETED. 70% DONE. MAJORITY OF  MATERIALS ARE ONSITE. NEEDS APPLIANCES AND CABINETS.
  • Access:
    Unlocked/Open access
  • Build Year:
    1948
  • Home Area(sqft):
    868
  • Bedrooms:
    2
  • Heating:
    Furnace
  • Fireplace:
    No
  • Water:
    City
  • Property Type:
    Single Family Residence
  • Occupancy:
    Vacant
  • Lot Size(acres):
    0.30
  • Bathrooms:
    1
  • Cooling:
    Central A/C
  • Foundation:
    Crawl Space
  • Sewer:
    Public/City
  • Parking:
    Driveway

The Numbers

  • Asking Price ($):
    $130,000
  • As-Is Price/Sq Ft:
    $149.77
  • Est. Cost of Repairs:
    $25,000
  • After Repair Value:
    $265,000
  • ARV Price/Sq Ft:
    $305.30
  • Est. Gross Profit/Equity:
    $110,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Hard Money,
  • Est. Mthly. Rental Rate:
    $1,644
  • Rental Restrictions:
    No
  • HOA:
    No
  • Earnest Money Deposit:
    $2,500

Comparables

  • Comp 1

    Full Address:
    1959 NORTH AVE NW ATLANTA, GA 30318
    Distance from Listing Property (mi):
    0.2
    Sale Price:
    $282,000
    Sale Date:
    June 20, 2023

  • Comp 2

    Full Address:
    525 BAKER CIR NW
    Distance from Listing Property (mi):
    0.3
    Sale Price:
    $220,000
    Sale Date:
    August 25, 2023

Property Inspection

Location

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