West Side Atlanta - Vine City/English Ave neighborhood, SFH, $38K
Built in 1955, Craftsman Bungalow, 3 bedroom, 2 bath, 676 sq/ft. Value-add opportunity by adding 2nd floor, opening the floor plan, or blowing out rear portion and enlarging kitchen. Highly sought out Vine City/English Avenue, downtown location! Close proximity to the Westside beltline, new Mercedes Benz Stadium, The Georgia Dome, Georgia World Congress Center, Centennial Olympic Park and Georgia Aquarium. Needs full rehab.
Purchase Price: $38,000
ARV(After Repair Value): $149,000
Repairs: $55,000
Potential Profit: $56,000
Comps
1.739 Rice Street NW, $162,500, 12/30/2016, 2bed, 1bath, 1,030 sq/ft
2.1086 Mayson Turner Road NW, $135,000(Pending Prop. Closing Date: 09/15/2017), 2bed, 1bath, 1,072 sq/ft
To view entire album with 23 photos go to: https://goo.gl/photos/Lk41GE8RW3NeaGcA8
Currently overgrown brush is blocking front door. Access through back door/neighboring vacant home’s backyard.