🎈🎈 10%+ Yield East Point Duplex (30344)

Fulton County, Atlanta, GA, 30344
Sold
Listed at: July 25th, 2022
Price
$255,000
ARV
$375,000
Gross Margin
$120,000
Sq. Footage
1754
Type
Multifamily
Parking
Driveway
Year build
1965
Lot size
0.23 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary
Click "Make an Offer"↗
Reach out for access:
470-266-7621
michael@divesticventures.com

Address: 1401 Vesta Ave, Atlanta, GA 30344

1415 Vesta Ave: A duplex two doors away sold for $385,000 on May 2022.

1407 Vesta Ave: Another duplex right next door under contract for $400,000 right now.


1) Specs:
Bed/Bath: 4/2 (2/1 each side)
Year built/Sq. Ft: 1965YB/1754sqft (877 each side)
Lot Size: .23 acre
Parking: Driveway
HOA: No HOA
Occupancy: Vacant

2) Numbers (Scroll Down For Comps):
Asking Price: $255,000
ARV: $375,000 (Accounted for current market conditions)
Market Rent Estimate: ~$1300/mo each side or ~$2600/mo

Rehab Info:
Roof: New. 1 year old
HVAC: One condenser unit is newer probably 5-6 years old.
Water Heater: Unknown
Basement: No basement
Sewer/Septic: Sewer

3) Comps:
1415 Vesta Ave: $385,000
.0 mi - Same beds/baths. - 267SQFT SMALLER
1407 Vesta Ave: Under contract for $400,000.
.0 mi - Same beds/baths. - ONLY 9SQFT BIGGER


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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Disposition manager