Sep 10 '08, 12:41 AMAddress: 2061 Nichols Lane Decatur, GA 30032 (Atlanta)
Specifications
2 Bedroom 1 Bath. Four sided brick ranch style home
Fenced back yard that would be great for pets or children
Taxes are $154/2006
Easy access to I-285 and I-20
Rent $600-800 ( I would not be surprised if you could get more with a good Section 8 tenant)
Repair
Needs carpet and paint. (approx. 5k in repairs)
ARV 95k or more
This house is for sale for $60,000 obo.
Specifications
address#2 1846 Oakmont Drive Atlanta, GA 30314 Specifications 3 bedroom 1 bathroom
four sided brick ranch
w/d hookups. gas/electric. carport
Good quite neighborhood
level lot 1/3-1/2 acre
$2774/Tax yr 2007 (This could be appealed)
Rent: $650-$800month
Appraised Value $150,400
Repairs Needs carpet, paint, and AC unit (approx 5k-7k) House sold in 2005 for $165,000
This house is for sale for $70,000 obo
I would also consider a package deal for both. For example; 1846 Oakmont Drive and 2061 Nichols Lane are for sale as a package deal for $125,000. These would both be great rentals and allow you tremendous upside potential in the future. Thanks and don't hesitate to call or e-mail me with any questions. I have them in the properties forum if anyone would like to look at the pics of both homes.
