Property Overview This 4 bedroom, 2.5 bath split-level home in Decatur offers 1,975 sq ft of living space. Built in 1970, it has a 2-car garage, a master bedroom, and a nice yard. The property is vacant and cleaned out, and it is ready to close. It is a straightforward value-add deal in an established location.
Deal Details
Bedrooms / Bathrooms: 4 BR / 2.5 BA
Living Area: 1,975 sq ft
Year Built: 1970
Style: Split-level
Garage: 2-car
Property Type: Single-family
Occupancy: Vacant and cleaned out
Terms: Cash
Numbers Snapshot
Purchase Price: $175,000
Estimated Repairs: $45,000
All-In Cost: $220,000
Estimated ARV: $280,000 - $290,000
Estimated Gross Spread: $60,000 - $70,000, before closing and holding costs
Why Investors Should Take a Closer Look
Fix and flip: nearly 2,000 sq ft and a 4 bedroom layout appeal to retail buyers once renovated.
Buy and hold: 4 bedroom homes can be attractive rentals for long-term cash flow.
Value-add: the split-level design allows for creative renovations and modern upgrades.
Ideal For
Fix and flip investors looking for a renovated-home spread in Decatur
Buy-and-hold investors seeking a 4 bedroom rental
Cash buyers who want a vacant property ready to close
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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ARV $290,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $200,000.