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Updated almost 8 years ago,
Excellent Buy and Hold or Easy Flip in Marietta/Smyrna
Great OFF MARKET opportunity in Marietta GA for an entry level flip or a buy and hold with instant equity. Property is a town home. Price is $62,000 with $5K-$7K needed to get property rent ready. Rent from previous tenant was $1100 per month. Increase in rent is very realistic if you complete the needed upgrades. There is an HOA fee which must be taken into account. Condo ownership though so major Cap Ex items like roof and siding are covered which will save $$$ in the long run.
To flip property, $10K-$12K will be needed. Comps are in the high $80's - low $90's. It would be a very clean and easy with mostly cosmetic work needed.
If this opportunity interests you please shoot me a message and we can chat. You can TEXT me as well. 678.718.9856. Thank you.