📍College Park, GA 🔥 FANTASTIC FLIP OPPORTUNITY! 🔄

Fulton County, Atlanta, GA, 30349
Sold
Listed at: April 17th, 2024
Price
$185,000
ARV
$320,000
Gross Margin
$135,000
Sq. Footage
1230
Type
Single-Family
Parking
Garage
Year build
1974
Lot size
0.27 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

🏚THIS IS A GREAT RENTAL OR FLIP 🔄

 

Located in College Park GA, 30349 features this 4 bed 2 bath home with endless potential potential. This property sits on a nice .273 acre  lot with a back deck for entertainment.  The house could use a nice facelift and could be used an a great rental or get this best BANG FOR YOUR BUCK with a full rehab. A new roof has been added within the past 3 years. There are no structural damages to the foundation or throughout the property. There is so much development going on in the area, so DO NOT MISS THIS OPPORTUNITY!

PLEASE READ THIS SECTION ⬇️⬇️⬇️

THERE ARE MONTH-TO-MONTH TENANTS OCCUPYING THE PROPERTY RIGHT NOW. IN AS-IS CONDITION THEY ARE PAYING $1250/MONTH. PLEASE CONTACT US FOR A VIEWING TO MAKE SURE TENANTS ARE AWARE OF YOUR VISIT. A CASH 4 KEYS SITUATION CAN BE WORKED OUT WITH THE TENANTS IF YOU ARE WANTING THE PROPERTY TO BE VACANT AT CLOSING.

NO HOA

ARV- 320,000 💰

205 Basswood Ct, College Park, GA 30349- 324.5k (Rehabbed) 🔼Slightly Bigger but same house style and layout🔼

150 Rockfort Ct, College Park, GA 30349- 320k (Rehabbed)

🔼MOST COMPARABLE 🔼

6205 Kimberly Mill Rd, College Park, GA 30349 - 282k (Updated) 

🔼Very Light Rehab. Approx. 40k In Repairs to reach this standard🔼

 

FIX AND FLIP: 🛠 like the comps above ⬆️

Rehab Cost: 80k

Demo of several walls and create an open concept

Drywall

Fixtures

Kitchen and Bathroom Update

Floors (replaced or redone)

Landscaping

Paint Interior and Exterior

 

LIGHT REHAB:

6205 Kimberly Mill Rd, College Park, GA 30349 - 282k (Updated) 

This property above ⬆️ was a very light update.

LVP Flooring

Paint

Kitchen and Bathroom Update

It would take approximately 40k to bring it to that standard and you can make a quick profit.

 

RENTAL READY: 💸

Rental Cost: 20k or less

Interior Paint

Drywall

Cleaning

Kitchen Update/ Painting

Bathroom Resurfacing

 

 

CLOSING DATE: 05/16/2024 OR SOONER

The property is currently occupied. If you would like to see the house, please contact us directly to schedule an appointment.

 

 

THIS DEAL IS GOING TO SELL FAST. SUBMIT ANY INQUIRIES TO FURTHER DISCUSS!

 

Buyer is to cover all closing costs related to the transaction. Sight unseen offers are welcome and property tours are to be scheduled directly with us.

 

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. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. 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

Ciara Meckley

No reviews

Disposition manager