Bought with Darryle Lee • Green Wholesaling & RE Service
$103,000
$120,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,120 SqFt
SOLD DATE : 03/22/2022
Key Details
Sold Price $103,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $91
Subdivision Murrays Lake
MLS Listing ID 20015289
Sold Date 03/22/22
Style Ranch
Bedrooms 3
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1943
Annual Tax Amount $1,035
Tax Year 2021
Lot Size 0.459 Acres
Property Description
This is an investor's dream - instant equity! This ranch home is ready for a new owner. It sits on almost a half acre lot and has a 2 car detached garage and a studio that can be used for storage or that can be repaired for additional living space. The home has 3 bedrooms, 1 full bathroom, kitchen, living room and dining room. The previous tenants used the dining room as a fourth bedroom. Conveniently located right off Jonesboro Road which is close to schools, shopping and entertainment. You can easily commute to your preferred destination by using Jonesboro Road, Forest Parkway, I-285, I-675 or I-75. Home values are steady increasing and you will definitely benefit by purchasing this home. The property is in need of a little "TLC." Once the repairs take place, your equity position will be amazing when selling this home! This property has been priced accordingly so no low ball offers. The seller is looking for a Cash Buyer! HardMoney Deals are not cash. They are loans! No Blind Offers as well. The closing attorney will be Pavielle Dortch, LLC 881 Ponce De Leon Ave NE, Suite 4 in Atlanta. They have already started working on this file. Please use Pavielle Dortch, LLC as the holders of the earnest money on all offers as well! The property is being sold "As Is" with No Disclosure because the seller has never lived in the property. There are no warranties or guarantees, expressed or implied. The due diligence period will be 7 days. Please also confirm the rental comps in the area as well. Monthly rentals in that neighborhood can easily be at $1,200.00 - $1,300.00 per month. In addition, please look at the sales comps for this neighborhood. This will be an excellent property to add to your portfolio. Please look at the sales comparables and you will see why this home is so attractive. I look forward to working with you in closing this transaction.
Location
State GA
County Clayton
Rooms
Basement None
Main Level Bedrooms 3
Interior
Interior Features Pulldown Attic Stairs, Master On Main Level
Heating Natural Gas, Central
Cooling Electric, Central Air
Flooring Hardwood, Laminate
Fireplaces Number 1
Fireplaces Type Other
Exterior
Parking Features Detached, Garage, Parking Pad, Storage
Community Features Sidewalks, Walk To Public Transit
Utilities Available Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Composition
Building
Story One
Foundation Slab
Sewer Public Sewer
Level or Stories One
Construction Status Fixer
Schools
Elementary Schools Huie
Middle Schools Forest Park
High Schools Forest Park
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Financing Cash
Special Listing Condition As Is, Investor Owned, No Disclosure, Rental
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