Off Market Riverside Flip

[Paul Chinratana]

Great off-market deal in the HOT Riverside neighborhood of NW ATL. Tons of residential and commercial development happening in the immediate area. Home is 4 sided brick with original hardwood floors, sitting on a large unfinished basement. New homes selling in the neighborhood for mid to high $300s, making a lower priced renovation highly desirable for buyers. Note: Tax record is not accurate. Home has had carport finished in and an extra half bath added. Project scope would be to fully update the interior and convert into a spacious 3/2. Please contact me for access. 

ARV: $230,000

Purchase Price: $119,000

Rehab Est.: $65,000

Gross Profit: $46,000

More Pictures

Comps: 

• 2093 Claude St - $234.9K Active
• 2543 Edwards Drive NW - $238.1K, Sold 1/18/17, 3 DOM
  
• 2624 Forrest Ave NW - $218K, Sold 11/09/16, 4 DOM
• 2534 Forrest Avenue NW - $210K Sold 2/24/17, 70 DOM
  
• 2407 Claude Street NW - $240K Sold 5/18/16, 4 DOM

Please contact me if interested. 404-477-7346