🚨(30058) Lithonia Cosmetic Flip by Stonecrest Mall

DeKalb County, Lithonia, GA, 30058
Sold
Listed at: June 15th, 2022
Price
$150,000
ARV
$275,000
Gross Margin
$125,000
Sq. Footage
1568
Type
Single-Family
Parking
Driveway
Year build
1920
Lot size
0.20 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary
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Reach out for access:
470-266-7621
michael@divesticventures.com
Discounted Cosmetic Flip with Mid-High 200's ARV Potential by the Mall At Stonecrest
Address: 7079 McDaniel Street, Lithonia, GA 30058
Title is clear and we are ready to close

1) Specs:
Bed/Bath: 4/2
Year built/Sq. Ft: 1920YB/1568sqft
Lot Size: .3 acre
Parking: Driveway
Occupancy: Needs a TOA for 10 days post-closing

2) Numbers (Scroll Down For Comps):
Asking Price: $160,000
ARV: $275,000

Rehab Info:
Just needs some TLC in the interior. Exterior is fine for the most part
Possibly needs a new Roof and HVAC
AC unit in the home is not working, there is no central air 
Furnace is centralized but still needs a new unit 
Plumbing is good 

3) Comps:
7235 Swift Street: $252k - 5 months ago
.2 mi - 500sqft smaller - 3/2
6860 Parkway Drive: $303k - 2 months ago
.7 mi - 100sqft bigger - 3/2
2657 Williams Grant Reynolds Dr: $260k - 3 months ago
.7 mi - 300sqft smaller - 3/1.5


4) Our Preferred Closing Terms:
Attorney: Weissman Law
1 Walkthrough Pre-Binding
0 Days DD Post-Binding
$3-5k EMD within 24 hrs


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. 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

Michael Chung

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