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Updated almost 7 years ago on . Most recent reply

User Stats

30
Posts
6
Votes
Michael Kappel
  • Investor
  • Acworth, GA
6
Votes |
30
Posts

Excellent Rent Ready Home in HOT 30032!

Michael Kappel
  • Investor
  • Acworth, GA
Posted


We are in possession of an assignable contract on an excellent deal for a buy & hold investor on this great all brick ranch in HOT Decatur 30032 zip! Home is in excellent shape overall having recently been renovated in 2016/2017 and rented out. This could be a spectacular cash-flowing rental. The home could be renovated for a quick flip, but based on current condition and price range, a solid rental is definitely the way to go on this one.

This property is a 3 bedroom, 1 bath home and 1,070 square feet with a full carport. The area is growing and full 3 bedroom, 2 bathroom homes are going for $250,000+. Long term play could include finishing out the carport to make the home a full 3/2 and reselling.

For now, comps are strong as a rental and houses are renting very quickly!

Buy & Hold:
Rentable as-is (no repairs needed)
Rent - $1,200-$1,300+/month

Asking: $160,000 or best offer
Cash or Hard Money Only


House will be vacant at closing. Flexible closing timeline.

For more information or to setup a showing, contact Adam Kappel at 678-491-4835 or [email protected]

Offering

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