Great Rental Lawrenceville 30044 Long Term Sec 8 tenant In place
I have owned this place for about 10 years. Been a great rental. Have a good tenant in place who has been there about 4 years - wants to stay.
Just passed Section 8 inspection so good to go for a year.
Upgrades to home include new flooring, roof, main water line replaced,
Home has been well maintained.
Section 8 pays $950 - tenant pays $145.
I am a realtor so no inflated ARVS . Comps are from same elementary school so very close by, approx same sq ft, and within last 6 months.
ARVS
| $158,000 | S | 3011 Park Creek Court |
| $150,000 | S | 735 Kibbe Circle |
| $149,000 | S | 1231 Buttercup Court |
| $141,500 | S | 1112 Casanova Court |
| $140,000 | S | 3150 Jorden Crest Court | Copperfield |
| $132,500 | S |
| $128,000 | S | 3126 Meadow Wood Court |
The cheaper comps are not newly renovated. If I were renovating this home, it would be done at a higher standard of all of these comps and likely would sell for $150k at least. Perhaps $160k
I would spend about $20k on granite, new floors, bath tub, landscaping.
If I do list on FMLS it will be listed as is at $135k.
I am listing this outside of FMLS to investors only so as not to disturb tenant and make this as simple as possible. No sign/No lockbox. No commissions/As is - no repairs.
Access granted only after contract has been accepted.
Can share contractor who knows home well and has been working on it since I purchased it.
DO NOT TRY TO ACCESS HOME DIRECTLY WITH TENANT. I WILL NOT SELL TO YOU IF YOU DO THAT!
Email me at [email protected] for pics and more details.