🏑 (Alpharetta, GA) Single Family Flip with Huge upsideπŸ’°πŸ’°

Fulton County, Alpharetta, GA, 30009
Sold
Listed at: August 22nd, 2024
Price
$505,000
ARV
$650,000
Gross Margin
$145,000
Sq. Footage
2748
Type
Single-Family
Parking
Garage
Year build
2006
Lot size
0.13 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
1
Summary

πŸ’°πŸ› πŸ‘ Rental Property Available – Great Neighborhood Opportunity! πŸ‘πŸ› πŸ’°

Looking for your next investment or a cozy place to call home? This gem in a highly sought-after neighborhood is ready for you! ✨

β—β—πŸ› οΈ Light Rehab Needed: Add your personal touch to make this property shine! With just a bit of TLC, this house could become a beautiful home or a lucrative rental. πŸ› οΈβ—β—

 

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ASKING PRICE: $505K

ARV: $630k

Market Rent: $2,500 - $4,000/mo

 

Perfect For:

πŸšͺ Buy and Hold

(Purchase Price) $505K + (Rental Rehab) $10k = (Total Investment) $515k

 

πŸ›  Fix 'n Flip

(Purchase Price) $505K + (Rehab) $45k = (Total Investment) $550k

(ARV) $630 - (Total Investment) $550k = (Gross Profit) $85k

 

ARV Comps: 

  1. 4050 Weatherford Circle, Alpharetta, GA 30009 - Sold for $775k on 7/31/24 (4 bd | 3 ba | 2869 sqft | slightly larger)

  2. 1065 Winthrope Park Dr, Alpharetta, GA 30009 - Sold for $645k on 7/17/24  (4 bd | 3 ba | 2741 sqft | marginally smaller)

  3. 2030 Winthrope Cmns, Alpharetta, GA 30009 - Sold for $550k on 6/3/24  (4 bd | 3 ba | 2578 sqft | smaller)

  4. 2185 Monroe Dr, Alpharetta, GA 30004 - Pending | Listed for $650k (4 bd | 3 ba | 2294 sqft | smaller)

  5. 1060 Winthrope Chase Dr, Alpharetta, GA 30009 - Pending | Listed for $550k (4 bd | 3 ba | 2101 sqft | smaller)

 

Rental Comps:

  1. 2030 Winthrope Cmns, Alpharetta, GA 30009 - $3100/mo
  2. 1230 Winthrope Chase Dr, Alpharetta, GA 30009 - $2800/mo

 

Property Overview:

πŸ› 4 Bedrooms

πŸ› 3.5 Bathroom 

πŸ“ 2748 sqft

πŸ“… Built in 2006

πŸ”„ Delivered Vacant at closing

 

PLEASE CALL Lyka TO SCHEDULE SHOWINGS

πŸ“ž 470-264-4396

TENTATIVE CLOSE DATE ON OR BEFORE 09/20/2024

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

Lyka Senarillos

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