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Updated over 8 years ago on .
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Great Rental Opportunity 2/1 in Canton GA
I just got this 2/1 under contract closing in a month. Its in Canton GA near Cherokee High school.
The property currently has a tenant in place but the tenant will be vacating prior to closing.
It should rent for $700+ once rehabbed. Nearby rehabbed 2/1's are renting for 700-750. ARV is around $70k.
It needs about $15-16k in rehab depending on how frugal you are and who you know, you might be able to get it done cheaper. I can provide my estimate spreadsheet with details.
Roof is less than a year old. Vinyl siding and vinyl soffits so easy exterior maintenance.
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