✔Asking: $215,000
✔ARV: $315,000
✔Repairs: $40,000 (Mostly lipstick work. Cabinets, flooring, paint, possible roof work needed)
✔Estimated Flip Gain: 12%
✔Estimated CAP Rate: 7%
Age of Roof: TBD
Age of HVAC: TBD but in good condition
3 beds
1.5 baths (I suggest easily converting the half bath into a full bath by sacrificing some closet space)
1100 sq ft, but finished, liveable basement increases liveable total to 1650 sq ft.
1964 build
.3 acre lot
Vacant - Access by lockbox (Contact Michael Chung for code)
$764/yr in property taxes
Rental Estimate: ~$1650/m
Property Features:
✔Ranch Build & Brick Walls
✔Basement Area: 550 sqft and it is finished
✔Garage Area: 550 sqft, fit for 1 car
✔Close to everything. Schools, Milan Park Pool, Downtown Clarkston, I-285, US-78, Your DeKalb Farmers Market, PATH and more.
✔Central AC
✔HVAC in good condition
✔Paved Driveway
Accurate comparables at bottom of this page
3901 Garfield Drive - $315,000
895 Belle Glade Drive - $275,000
4022 Elmscourt Drive - $290,000
825 RAYS Road (.3 mi away) sold for $190,000 in August 2021 and needed a heavy rehab
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