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Updated over 7 years ago,

User Stats

75
Posts
12
Votes
Ken Reed
  • Investor
  • Smyrna, GA
12
Votes |
75
Posts

Perfect 4 sided brick 3/2 rental, with minimal repairs needed

Ken Reed
  • Investor
  • Smyrna, GA
Posted
Perfect 4 sided brick 3/2 rental, with minimal repairs needed.

Property Specifications

1253 Flat Shoals Rd, Atlanta, GA 30349
(Click Image for Video Walk-through)
Click Here for pictures
3 Beds/2 Bath
1,639 SqFt (18,489 Sqft lot)
Taxes $1180
Built in 1968
Access: Vacant Call/text/email for lockbox info.


Quick thought
Here is a perfect 3/2 buy n hold in Clayton county. This 3/2 sits on a large lot and is surrounded by commercial property. With very minimal repairs ( some gutter and fascia work, appliances, replace a few windows, 2 new toilets, some drywall work, needs new condenser). Owner states he recently completed plumbing on the house within last 5yrs. Roof does not have any active leaks but is approaching end of its expected life span.


Numbers
Cash Price: $56,700 Cash
Repairs ~10k.
Rents- 1000-1200/mo
ARV- 80-85k
Make me an offer.
Terms- 3k non-refudable EMD due at time of contract acceptance. close in 10-14 days

Rental Comps
Click Here
Offering