South Atlanta Flip

Atlanta, Georgia
Orchard Knob
+10

Listings Stats

Published: May 16, 2024
Last Edited: May 16, 2024
Listing Type: FSBO
Listing Status: Available
Number of Views: 347
Days On Flippery: 175
Number of Favorites: 0

The Numbers

Buy It Now Price: $199,900
Asking Price ($): $199,999
After Repair Value: $310,000
Est. Cost of Repairs: $45,000
Est. Gross Profit: $65,001
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Real Estate Investment

Description of Property

Total Finished SQFT: 2,918    |  4br   3ba

Above Grade Fin. SQFT: 1,554   |    3br  2ba

Below Grade Fin. SQFT: 1,364   |    1br  1ba

VACANT

Sold As Is

Year Built: 1960

0-DD Offers Prioritized.

Description of Repairs

Needs paint and flooring, HVAC and Water Heater, mild waterproofing, bathroom torn out, siding repair.

  • Access:
    Message Me
  • Home Area(sqft):
    2,918
  • Property Type:
    Single Family Residence

The Numbers

  • Asking Price ($):
    $199,999
  • As-Is Price/Sq Ft:
    $68.51
  • Est. Cost of Repairs:
    $45,000
  • After Repair Value:
    $310,000
  • ARV Price/Sq Ft:
    $106.24
  • Est. Gross Profit/Equity:
    $65,001
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Hard Money,

Comparables

  • Comp 1

    Full Address:
    2960 Level Ridge Rd SE, Atlanta, GA 30354
    Distance from Listing Property (mi):
    0.5
    Sale Price:
    $300,000
    Sale Date:
    August 29, 2023

  • Comp 2

    Full Address:
    203 Wendell SE, Atlanta, GA 30315
    Distance from Listing Property (mi):
    0.7
    Sale Price:
    $307,500
    Sale Date:
    February 21, 2024

  • Comp 3

    Full Address:
    2863 Altaview Dr SE, Atlanta, GA 30354
    Distance from Listing Property (mi):
    0.2
    Sale Price:
    $341,000
    Sale Date:
    April 24, 2024

Property Inspection

Location

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