$219,900 · CHAMBLEE, GA 30341
Works for flippers · Works for landlords

Available

$219,900Asking price

4 bd · 2 ba · 936 sq ft · built 1952

CHAMBLEE, GA 30341

No contract on file

Price Drop

via InvestorLift Classic

11 views · listed 3 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $330,000
Asking price: −$219,900
RepairsMiddle of the seller’s $5,000 – $15,000. Ours: $29,000 – $52,000: −$10,000
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$23,717
Profit23.1% of ARV · flippers want 10%+: $76,383
Works

Works for a flipper up to $260,000.

EZ OFFER

Mark Martinez

No reviews yet

Comps

Sales

Rents

ARV $330,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $340,000.

The sales behind this value are shown to members.

ARV $330,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

EZ OFFER

Mark Martinez

No reviews yet

Seller Description

Atlanta Two-Unit Investment Opportunity – Main Home + Basement Apartment! This property features a main-level residence and a separate basement apartment with its own exterior entrance and full kitchen, offering potential for dual rental income and increased cash flow. Investors can explore a buy-and-hold strategy with two living spaces or renovate both units to maximize rental appeal. The property needs significant renovations, including kitchen and bathroom updates, while the existing hardwood floors may be salvageable.