Buy & Hold / Light Fix & Flip - Lithonia, 30058

DeKalb County, Lithonia, GA, 30058
Sold
Listed at: February 8th, 2022
Price
$144,000
Sq. Footage
1406
Type
Attached
Parking
Assigned
Year build
0
Lot size
13068.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Located in a great neighborhood with very low inventory! Rent rates are between $1600-$1800/mo. This property sits on a large lot with a flat backyard. It does need some TLC and offers excellent upside for an investor. In terms of the project, the roof is 11 years old yet in good condition, the plumbing in the master bath needs to be fixed, and the downstairs bamboo flooring isn't in great shape, mainly cosmetic besides that. The HVAC is up to date and the porch was recently replaced.


STATS:

  • Bed/Bath: 4/2
  • Sq Ft: 1406
  • Lot: 13,068sf
  • ARV: $170k +
  • Market Rental Avg: $1600-$1800/mo


MLS COMPS:

  • 1878 Taffeta Trl - SOLD - (4/2, 1150 sf) - $170,000 (Great shape - remodeled) 
  • 5670 Marbut Rd - SOLD - (3/3, 1424sf) - $179,000 (Slightly better shape comparably)
  • 1930 Patton Pl - SOLD - (4/3, 1698sf) - $194,000 (Not fully remodeled, good condition)


1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money. 2. Buyers responsibility to do your own due diligence and verify all information. 3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated. 4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Alter

No reviews

Disposition manager