Monday, April 20, 2009

Owner Desperate Must Sell Fast! (Atlanta) $21500

THIS IS A WONDERFUL OPPORTUNITY FOR AN AFFORDABLE STARTER HOME. THIS COZY HOME REALLY SHOWS PRIDE OF OWNERSHIP AND IS JUST WAITING FOR YOU TO MOVE IN! THIS BEAUTIFUL AND WELL MAINTAINED PROPERTY HAS A GOOD CONDITION

This is a brick bungalow ranch style home built in 1956 located in a very convenient neighborhood.

This home offers 3 bedrooms with 2 full baths and has over 1400’ of living space. It actually has a room on back which could be used as a 4th bedroom since it has a closet.

The home does need about everything to be ready to retail: interior paint - $1500, refinish hardwood flooring - $2000, new roof/gutters - $3500, update kitchen and baths - $4000, new fixtures - $1500, New HVAC/Hot Water Heater - $5000, misc. repairs and landscaping - $2,000. Total rehab expense to have retail ready $18k to $20k. Much less to have ready to rent!

Tax value of $104,500! The home last sold for $75,000 on 7/09/99 and has an ARV of $85k. In order to sell quickly, price at $74.9k after rehab and should be able to turn fast. Rent rate for this house will be $850 per month maybe more with optional 4th bedroom. Similar house next door is bank owned and price just reduced to $100k so this is a deal!

Contact the owner Kevin Morice Ph: 678-427-7700 www.ThisGreatHouse.com

No comments:

Post a Comment