Great Semmes Park Flip!

[Ray W.]

This is a perfect flip or buy and hold opportunity in the heart of Semmes Park. Property sits on a great corner lot in East Point. Gutted down to studs. Close to public transportation; close to major highways. 10 minutes to airport. 15 min outside of downtown ATL. Great retail comps on the same street. Great new roof and large back yard, close to interstate, nice area, that is up and coming, would be great rental property or great to live in as well, Cash only., as-is.

Purchase Price: $36k

Rehab estimate: $55K

ARV: $130k

Flip profit: $25k