Great rental with equity in Lawrenceville, GA! FCFS

Gwinnett County, Lawrenceville, GA, 30046
Sold
Listed at: May 7th, 2023
Price
$160,000
ARV
$240,000
Gross Margin
$80,000
Sq. Footage
1584
Type
Condo
Parking
Assigned
Year build
1974
Lot size
436.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Great rental with equity in Lawrenceville, GA!!! First come first serve.


Property Information:

- Attorney: McLain & Merritt

- Down payment: $5k

- Price: $160k

- Rehab: $35k

- ARV: $240k+

-Rent: $1950+


3/2 1584SF condo in Lawrenceville, GA!! We need to finish out the bathrooms and also needs a full cosmetic update.. paint, flooring, etc! Comps show a $240k ARV with $1950+ rental income!


HOA is $175/MONTH.


This deal is perfect for an investor looking for a rental with equity in a good location or someone looking for a quick flip if they can get the rehab done for cheap. .8 MILES FROM DOWNTOWN LAWRENCEVILLE!!!! PERFECT AIRBNB!!!



High Points:

  • Location
  • Great Rental with equity
  • Opportunity to push ARV



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

Latifa Aboeid

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Disposition manager