Nice Bungalow in Oakland City bordering the BeltLine Westside Trail.

This house has a footprint of 1500sqft and full basement with a deep .3 acre lot for value-add potential.

With renovated comps selling above $400,000, you have a lot of meat on the bone for creative strategies. Don't miss out on this deal

Asking Price: $225,000

Occupancy & Access: Vacant on Lockbox. Contact me for Code

Contact Me: 

Michael Chung | (770)-226-5512

1) Basic:

Bed/Bath: 3/1

SQFT: 1518 + Full Basement (1000sqft is finished)

Year Built: 1926

Lot Size: .3 acre (Value-Add Potential in Backyard)

Parking: Driveway

2) Numbers: 

Asking Price: $225,000

ARV: $430,000

Rehab Notes:

HVAC: 3 years

Roof: 3 years

Electrical & Plumbing: Great Condition - Last rented in April 2023

3) Comps - All in Oakland City:

1070 White Oak Ave SW: https://www.zillow.com/homedetails/1070-White-Oak-Ave-SW-Atlanta-GA-30310/35836094_zpid/

5/3/1560sqft/1920YB/.26acre (Bungalow w/ Full Basement - 3/2 on main & 2/1 in lower)

$500,000 | Sold February 2023

1062 White Oak Ave SW: https://www.zillow.com/homedetails/1062-White-Oak-Ave-SW-Atlanta-GA-30310/35836096_zpid/

3/2/1418sqft/1930YB/.26acre (Bungalow w/ Partial Basement)

$449,000 | Sold June 2023

1220 Westboro Dr: https://www.zillow.com/homedetails/1220-Westboro-Dr-SW-Atlanta-GA-30310/35842417_zpid/

3/2/1438sqft/1956YB/.25acre (Partial Basement)

$395,000 | Pending

1106 Donnelly Ave SW: https://www.zillow.com/homedetails/1106-Donnelly-Ave-SW-Atlanta-GA-30310/35835778_zpid/

3/1/1132sqft/1930YB/.2acre

$235,000 | Sold September 2022

Sold to Cash Investor in As-Is Condition

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.