🥓 New Off-Market Flip: East Point

Fulton County, East Point, GA, 30344
Sold
Listed at: November 29th, 2023
Price
$195,000
ARV
$365,000
Gross Margin
$170,000
Sq. Footage
1512
Type
Single-Family
Parking
Carport
Year build
1965
Lot size
0.51 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Located in Connally Estates, this is a 4-Side brick ranch with full, finished basement & carport.

Full, finished basement has windows so you can add bedrooms. You can convert the carport into a 2-car attached garage or enclose it to add square footage.

Last month, an investor bought a smaller, vinyl house next door for $206,000.

You can buy this now for $200,000!


Occupancy: Owner occupied & needs 5 days post-closing occupancy

Access: Appointment. Contact me

Contact Me:

Michael@divesticventures.com | (770)-226-5512


1) Basic:

Bed/Bath: 4/2

SQFT: 1512 + Full Basement

Year Built: 1965

Parking: Carport

Lot Size: .51 acre


2) Numbers:

Asking Price: $195,000

Buy Now Price: $200,000

ARV: $365,000


3) Comps:

2258 Ridgecrest Lane:

3/2/1456sqft+basement/1965YB

$206,000 | Oct 2023 (Sold to Investor)

2245 Plantation Dr:

3/2/1636sqft/1961YB

$314,000 | Sep 2023 (Original Condition)


TERMS:

Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.

DISCLAIMER:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

★★★★★
★★★★★
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