🔥🏠 20% RETURN FLIP IN ELBERTON, GA🏠🔥

Elbert County, Elberton, GA, 30635
Sold
Listed at: August 2nd, 2024
Price
$52,000
ARV
$140,000
Gross Margin
$88,000
Sq. Footage
963
Type
Single-Family
Parking
Assigned
Year build
1920
Lot size
0.17 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

 

Discover the charm and potential of this solidly built, 3-bedroom, 1-bathroom home located in Elberton, GA. This quaint 963 sqft residence sits on a desirable corner lot spanning 0.17 acres, offering ample space for outdoor activities and gardening.

Key Features:

  • Solid Structure: Despite needing some work, the home boasts a strong foundation and sturdy construction, providing a great base for your renovation dreams.
  • Cozy Living Space: With 3 bedrooms, there’s plenty of room for a family or for creating your perfect home office or hobby room.
  • Potential Income: This property is not just a home; it’s an investment. With some updates and improvements, it could potentially be rented out for $800 to $1,000 per month, making it a fantastic opportunity for those looking to generate rental income.
  • Corner Lot: The 0.17-acre lot offers a great outdoor area.
  • Location: Good location, less than 5 min from Main Streets in Elberton.

 

CONTACT PABLO TO SCHEDULE SHOWINGS TO 

706-206-9389. OR TO PABLO@LIONSHEADRE.CO

 Pictures

🔥Comps:🔥

https://www.zillow.com/homedetails/370-Cleveland-St-Elberton-GA-30635/105239594_zpid/ (Sold As Is)

https://www.zillow.com/homedetails/345-Cook-St-Elberton-GA-30635/232814263_zpid/ (Sold As Is)

https://www.zillow.com/homedetails/54-Arnold-St-Elberton-GA-30635/232812877_zpid/

https://www.zillow.com/homes/22-Clairmont-Ave-Elberton,-GA-30635_rb/105239657_zpid/

Investors Math:

 

ARV: $140,000

Purchase Price: $55,000

Repairs: $40,000

Market Cost:(10%)$14,000

Possible profit: $31,000

 

YOU CAN CLICK THE 'WIN IT NOW' BUTTON AND AVOID ALL THE BIDDING!

 

MUST READ:

 

We have this property under contract with the owner and are first contact with him, any attempt to reach the owner will end with legal action from our part.

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dylan Rodriguez

No reviews

Disposition manager