🏡Lawrenceville Cosmetic Flip

Gwinnett County, Lawrenceville, GA, 30046
Sold
Listed at: December 19th, 2022
Price
$205,000
ARV
$325,000
Gross Margin
$120,000
Sq. Footage
1606
Type
Single-Family
Parking
Driveway
Year build
1985
Lot size
0.32 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary
All Divestic Ventures Deals Are Direct To Seller
Click "View Full Address" Or Call/Text 770-226-5512
Submit H&B Offers before Friday 12/23 5PM

Profit Potential:

Quick cosmetic flip in Lawrenceville.

Many sold comps on the same street that should support a strong outsale.

Asking Price: $205,000

Buy Now Price: $210,000


Occupancy: Owner-occupied. Buyer must offer a 30 day temporary occupancy agreement.

Closing Date: January 11, 2023

Date of vacancy: February 10, 2023

Access: By Appointment (Contact me)

Contact: 

Michael@divesticventures.com
770-226-5512


1) Basic:

Bed/Bath: 3/2

Square Ft: 1606

Year Built: 1985

Basement: Partial: +693 sqft

Water Source: Sewer

Parking: Driveway

Lot Size: .32 acre

HOA: No HOA

GreatSchools:

Elementary: 4- Margaret Winn Holt
Middle: 5- Moore
High: 5- Central Gwinnett


2) Numbers:

Asking Price: $205,000

Buy Now Price: $210,000

ARV: $325,000

Market Rent: $2050/mo

Property Taxes: $330/yr - 2021


Rehab Level: Mostly Cosmetic

Roof: ~15 years old

HVAC: ~15 years old


3) Comps:

1242 Daniel Lane: $340,000 March 2022

3/2/1418sqft

1232 Daniel Lane: $290,000 March 2022

3/2/1322sqft - Lower grade rehab & 300sqft smaller

1462 Daniel Lane: $345,000 May 2022

4/2.5/1888sqft - Original condition

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

Michael Chung

No reviews

Disposition manager