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Updated about 9 years ago,

User Stats

27
Posts
4
Votes
Pat Saunders
  • Rental Property Investor
  • Atlanta, GA
4
Votes |
27
Posts

OFF MARKET Lawrenceville Rehab

Pat Saunders
  • Rental Property Investor
  • Atlanta, GA
Posted

A Brick front traditonal style home that sits on a full basement. This Lawrenceville property is located in strong school districts and will make for a great deal whether your planning to retail flip or keep as a rental. Property has 4 bedrooms 2.5 bathrooms with almost 4,000' of potential living space, including the garage and full basement. With just a few upgrades this deal could easily retail at $210k making this a strong deal at our current purchase price. Home also will make a great rental with strong rent rates of $1,500/mth this home will make a great addition to any rental portfolio.


The house sold back in the year 2000 for $190k so as you can see you are also picking up some instant equity. Complete your drive-by and review your numbers and if you like what you see we can get you inside to preview.

  • This is a brick and siding traditional style home that was originally build in 1993. Home has 4 bedrooms and 2.5 bathrooms with 2,091' of total living space. Home also includes a nice 400' 2 car garage and a full 1,386' unfinished basement.
  • Home is currently rented at $1,400/mth but will be delivered empty. In order to maximize retail potential plan on replacing exterior siding, updating the kitchen, upgrade the bathrooms, paint, and replace flooring. Total Rehab Expense: <$25k
  • Tax value of $207,700w/ 2014 taxes of $1,421. With strong monthly rents of $1,400+/mth this one will make a great rental! Home could also be sold as a retail flip with strong ARVs of $210k+
***Drive By Only***
Offering

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