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Athens Banner-Herald
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bedrooms
bedrooms
3
bathrooms
bathrooms
1
square feet
square feet
1,008
acreage
Acreage
0.1792
open houses
Open Houses
-
year built
year built
1970
full baths
Full Baths
1
half baths
Half Baths
0
This 4-sided brick single-family home, located in a quiet and friendly neighborhood, is a rare find for seasoned investors looking for significant profit potential. With an ARV certified appraisal of $365,000, this property offers $100,000 in built-in equity post-renovation, making it a prime fix-and-flip or long-term rental opportunity. The seller, a licensed general contractor, has provided a $90,000 renovation bid to transform the upstairs into a 3-bed, 2-bath unit and the basement into a 2-bed, 1-bath apartment with a completely separate entrance, creating a duplex-style layout. Post-renovation, this property becomes a cash flow machine, with projected rents of $2,000/month for the upstairs unit and $1,350/month for the basement apartment, generating $3,350/month in total rental income. For investors pursuing a BRRRR strategy or homeowners seeking additional income, this is an ideal opportunity. The property requires only a cosmetic uplift above ground and a full renovation of the basement apartment. Located in a growing, appreciating area with easy access to major highways like I-285, this property is close to schools, parks, shops, and restaurants, adding to its long-term value. This deal is exclusively for serious buyers—no wholesalers or low-ball offers will be entertained. The floor plans are ready, the location is unbeatable, and the numbers make sense. Contact us today to secure this high-ROI investment before it’s gone.
Location
Subdivision Atlanta-Fulton
County Fulton - GA
Elementary School Harper-Archer
Middle School John Lewis Invictus Academy/Harper-Archer
High School Frederick Douglass
open houses Open houses
None scheduled.
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MLS number: 7501391
Listing agent: George Ansong
Listing broker: Maximum One Real Estate Group, Llc (770) 919-8825
Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, January 16 2025 at 5:43 p.m. EST
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