🏡 Sylvan Hills DEEP Flip (400k+ ARV)

Fulton County, Atlanta, GA, 30310
Sold
Listed at: May 4th, 2023
Price
$159,000
ARV
$400,000
Gross Margin
$241,000
Sq. Footage
1680
Type
Single-Family
Parking
Driveway
Year build
1945
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary
In the Astor Terrace/Sylvan Hills neighborhood. Walk 5 minutes west and you're already at the entrance to Tyler Perry Studios. This house is located in a secluded pocket with its own
The house needs a good amount of work, but its existing layout supports potential to easily reach ARV over 400.
You can add a half bath or 4th bedroom with its current sqft


Asking Price: $159,000
Available Until: Thursday May 11
Occupancy & Access: Vacant on lockbox code. Contact me for code
Contact Me: Michael Chung | (770)-226-5512
To avoid circumvention, you must request the address and we'll respond immediately during business hours
If requested after-hours we'll send details before the next business morning
Contact me directly for an immediate response


1) Basic:
Bed/Bath: 3/2
SQFT: 1680
Year Built: 1945
Lot Size: .17 acre
Parking: Driveway
Sewer/Septic: Sewer

2) Numbers: 
Asking Price: $159,000
ARV: $400,000
Rehab: Do your own due diligence

3) Comps:
1049 Astor Ave SW: https://www.zillow.com/homedetails/1049-Astor-Ave-SW-Atlanta-GA-30310/35837376_zpid/
.1 mi - 3/2.5/1861sqft/1935YB
$405,000 | May 2022
Sold renovated to retail


1075 Regent St SW: https://www.zillow.com/homedetails/1075-Regent-St-SW-Atlanta-GA-30310/35837363_zpid/
.1 mi - 4/3.5/1952sqft/1920YB
$415,000 | April 2022
Sold renovated to retail


1057 Regent St SW: https://www.zillow.com/homedetails/1057-Regent-St-SW-Atlanta-GA-30310/35837366_zpid/
.1 mi - 3/2.5/1860SQFT/2019YB
$394,000 | June 2022
Sold renovated to institutional investor


1063 Victory Drive SW: https://www.zillow.com/homedetails/1045-Astor-Ave-SW-Atlanta-GA-30310/35837377_zpid/
.4 mi - 3/2/1408sqft/1935YB
$385,000 | January 2023
Sold updated to retail
TERMS:
Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.
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