Property Overview This off-market single-family home on Kelton Drive in Stone Mountain offers 3 bedrooms, 2.5 bathrooms, and 1,866 sq ft of living space on a 5,662 sq ft lot. Built in 1982, it is a value-add opportunity for investors looking to renovate and resell or hold as a rental.
Deal Details
Bedrooms / Bathrooms: 3 BR / 2.5 BA
Living Area: 1,866 sq ft
Year Built: 1982
Lot Size: 5,662 sq ft
Property Type: Single-family
Status: Off-market
Asking Price: $180,000
Numbers Snapshot
Purchase Price: $180,000
Estimated Repairs: $40,000 - $60,000
All-In Cost: $220,000 - $240,000
Estimated ARV: $290,000 - $315,000
Estimated Gross Spread: $50,000 - $95,000, before closing and holding costs
Ideal For
Fix and flip investors looking for a solid spread in the Stone Mountain market
Buy-and-hold investors seeking a 3 bed / 2.5 bath rental
Wholesalers and investors who want a larger-footprint home in an established area
Important Note: All figures are estimates. The buyer should complete independent due diligence.
Contact John for more details or to make an offer: (678) 498-5675
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $315,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $261,000.
