๐ฏEmbrace the Challenge and Transform This Property Into Profit: A Canvas for Creativity ๐๏ธ
Welcome to Cedartown, GA –we have a historic gem awaiting your visionary touch. Nestled in a desirable neighborhood, it offers the perfect canvas for investors ready to undertake a rewarding full rehab project. From its classic wood floors to its durable exterior, every corner of this property is brimming with opportunity. Whether you're an experienced real estate investor or a hedge fund group looking to diversify your portfolio, this property promises not just a home, but a legacy. Embrace the challenge and transform this vacant property into a lucrative investment. The future is in your hands – seize it today!
Property Overview:
- ๐ 2 Bedrooms
- ๐ 1 Bathroom
- ๐ 781 sqft of potential
- ๐ Built in 1900
Property Details:
- Investment Potential: True investment property requiring full rehab
- Exterior: Asbestos siding, ensuring durability with an opportunity for upgrade
- Flooring: Original wood floors
- Bathroom: Tub shower setup, water currently off, on city water
- Roof: Solid with 16 years of life
- Utilities: Electrical system in place, copper plumbing throughout
- Windows: In need of new windows
- Hot Water Heater: Requires replacement
Additional Insights:
- ๐ Area: Situated in a desirable location, promising good community and value appreciation
- ๐ History: Vacant for 2 years
- ๐ง Attention Required: A hole in the kitchen floor
- ๐ Vacancy: Property stands vacant, a clean slate for investors
Perfect For:
- ๐ DIY enthusiasts looking for a project
- ๐ผ Real estate investment companies seeking to expand their portfolio
- ๐ Hedge fund groups interested in real estate ventures
Considerations:
- This property is a full rehab project, ideal for those ready to invest time and resources
- With strategic updates and renovations, this property can become a coveted residence or a lucrative rental
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ASKING PRICE: $40K
SOLD COMPS:
206 Central St, Cedartown, GA 30125 - SOLD $170K
3 Bed / 2 Bath
915 Cleo St, Cedartown, GA 30125 - SOLD $38K
3 Bed / 2 Bath - 748 sqft
*PROPERTY IS VACANT*
PLEASE CALL TO SCHEDULE SHOWINGS
TENTATIVE CLOSE DATE 4/25/2024
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