📍Austell GA📍 RARE LIGHT REHAB PROPERTY ✅

Cobb County, Austell, GA, 30106
Sold
Listed at: May 28th, 2024
Price
$205,000
ARV
$315,000
Gross Margin
$110,000
Sq. Footage
1159
Type
Single-Family
Parking
Carport
Year build
1957
Lot size
0.50 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

🏚THIS IS A GREAT RENTAL OR FLIP 🔄

ARV:315k

ASKING: 205k 

Located in Austell GA, 30106 features this 3 bed 1.5 bath home with endless potential. This property sits on a nice .5 acre  lot with a  nice  shed in the back 🏠  Has been well maintained over the years and could use a light rehab to match a style of your liking. If you are looking for a rental property, this could be a great ooportunity for you because it will take minimal work for it be move-in ready.  Roof has been replaced within the last year. The HVAC and Furnace have also been replaced in the last year. There is so much development going on in the area, so DO NOT MISS THIS OPPORTUNITY!

PROPERTY WILL BE VACANT ONE WEEK AFTER CLOSING. SELLER HAS AGREED TO AN ESCROW HOLDBACK TO ENSURE THE PROPERTY WILL BE VACANT THEN. SELLER ALREADY HAS A HOME TO MOVE INTO ONCE CURRENT PROPERTY IS SOLD.

NO HOA

ARV- 315k 💰

COMPS: 🏠 SOLD IN THE PAST 6 MONTHS WITHIN 1 MILE ⬇️

5945 NORTH AVENUE AUSTELL GA - 315k (RENOVATED)

⬆️MOST COMPARABLE BY SIZE AND STYLE OF HOME⬆️

2663 SHERWOOD DR AUSTELL GA- 277k (Updated)

⬆️ TURNKEY TO BECOME RENTAL READY  ⬆️

 

 

FIX AND FLIP: 🛠 like the comps above ⬆️

Rehab Cost: 40 - 50K DEPENDING ON QUALITY OF MATERIAL

Fixtures

Kitchen and Bathroom Update

Floors (replaced or redone)

Paint (Interior and Exterior)

 

RENTAL READY: 💸

Rental Cost: 15k or less

Interior Paint

Cleaning

Optional Kitchen and Bathroom update

RENTS ARE REFLECTING ANYWHERE FROM $1700-2000/MONTH (Depending on Condition) ✅

 

 

CLOSING DATE: 06/15/2024 OR SOONER

The property is currently occupied and will be vacant one week after closing. 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

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Disposition manager