Bought with Joshua Bowser • Cornerstone R/Estate Partners
$221,100
$199,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
2,352 SqFt
SOLD DATE : 12/28/2023
Key Details
Sold Price $221,100
Property Type Other Types
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $94
Subdivision Dover Meadows
MLS Listing ID 10231159
Sold Date 12/28/23
Style Traditional
Bedrooms 7
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $2,140
Tax Year 2022
Lot Size 0.442 Acres
Property Description
This fixer-upper is ideal for the savvy house-hacker wanting sweat equity, CoLiving investor, or handy owner-occupant looking for the versatility of a flexible floor plan comprising 7 bedrooms plus 3 additional bonus rooms that could be used as bedrooms or flex-rooms. This home needs $15,000 or less to be up and running again. (We have an estimate for $8,900) For the investment-minded, this home can generate $7,200+ per month rent and a mind-boggling 20% cap rate as a PadSplit investment. This home's distinctive layout offers a plethora of choices. In need of multiple work-from-home spaces? How about a dedicated gym, a media room, or extra rooms for guests? This property has got you covered. Contact the listing agent for the financials. Alternatively, for the savvy owner-occupant, move in and let your roommates pay your mortgage and start building wealth from day one.
Location
State GA
County Clayton
Rooms
Basement Daylight, Finished
Main Level Bedrooms 2
Interior
Interior Features Other
Heating Forced Air
Cooling Central Air
Flooring Hardwood, Tile, Laminate
Exterior
Garage Off Street
Garage Spaces 2.0
Fence Back Yard
Community Features Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View City
Roof Type Composition
Building
Story Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Church Street
Middle Schools Riverdale
High Schools Riverdale
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Investor Owned
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States