388 3rd Ave Scottdale, GA 30079 Pending

  • $95000
Pending

UPDATE: THIS PROPERTY HAS GONE UNDER CONTRACT AND IS NO LONGER AVAILABLE. HOWEVER WE ARE OPEN TO BACK-UP OFFERS.

Teardown in HOT Scottdale. Close to city of Decatur, Oakhurst, Avondale Estates etc. Once you look at the comps attached below, you’ll realize why this is a great a deal.

Lot size: 4356 sqft.

Lot dimensions: 55′ Front, 100′ Sides, 60′ Rear

Current structure: 2 bed 1 bath, 596 sqft.
Purchase Price: $95k
Repairs: $250k (Build ~2500 sqft. house)
All-in cost: $345k (Purchase price + Repairs)
ARV: $450k (See CMA attached below)

Gross profit: $105k
Net profit: ~$60k (after commissions, closing costs, holding costs etc.)
Net ROI: 17.39% (Net profit / All-in cost)
COMPS:
Notes:
  • No survey available.
  • Access: Drive-by only.
  • I am the direct and sole contract holder.
  • This property is located in Scottdale 30079, not Decatur 30030.
  • Submit all contractual offers to info@KingdomAcquisitions.com
Questions? Call me at 404-454-0793.
 
All the best,
Josiah Quansah
Price:
$95000
Address:
388 3rd Ave
Scottdale, GA 30079
Terms:
For Sale
Property Type:
Home

Call (470) 588-6377 for more details

Property Location