Property Overview This mid-renovation pop-top in Decatur has a significant amount of work already done. The original 3 bed / 1 bath home at 960 sq ft has been framed out to a new 2,716 sq ft floor plan. The roof, windows, plumbing, HVAC, and electrical are all complete. Permits are in hand, and an appraisal confirms a finished value of $580,000. The property is sold as-is. Plans are available on request, and photos show the progress.
Estimated Gross Spread: $120,000, before closing, holding, and financing costs
Why This Deal Works
The major systems and structural work are already complete.
Permits are in hand, so a buyer can keep building.
An appraisal supports a $580,000 finished value.
The home has nearly tripled in size, from 960 sq ft to 2,716 sq ft.
Ideal For
Builders and contractors who can finish the interior efficiently
Fix and flip investors looking to take over a permitted project
Investors who want to skip the costliest and riskiest early phases of a rehab
Important Note: The property is sold as-is, and all figures are estimates. The buyer should complete independent due diligence, including a review of permits, plans, and completed work.
Contact John for more details or to make an offer: (678) 498-5675
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ARV $580,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $199,000.