Multiple Strategies Hot Trending Beltline Area Atlanta 30314

[Johnna Lodge]

This is a great house 5 bed 3 bath minimum rehab in an up and coming area in Atlanta GA 30314. Appreciating Neighborhood with Rehabbers Galore and Young Professionals moving in. Multiple Strategies on this property: rehab and sale, rehab and airbnb, rehab and bed and breakfast, rehab and community home, vey minimal rehab and rent out Section 8 with 14% Cap.

2005 Chicago AV NW Atlanta GA 30314 Fulton County,GA!!

5 bed 3 bath Built 2007 2,500 sq ft on crawl space Privacy Fencing Off Street Parking in Driveway

Pine Acres Subdivision

HVAC Hot Water Heater less than 9 years old 

Click here: http://conta.cc/2GIpgp1

Atlanta Housing Authority pays well in this area N21 at $2,100 a month for a 5 Bedroom. If you want to make this a 5 bedroom 5.5 bath this could happen in this house with some changes perfect for a rooming house, bed and breakfast,an airbnb or a great new home for a family.

Quick and Easy Access To Downtown, Marta, Airport and Easy Access to all major interstates.

Bellwood Quarry/Westside Park 300 Acre Park:

"The entire property will be converted into a new 300-acre park along Atlanta's Beltline, a 22-mile corridor of parks, trails, and transit encircling downtown. The new park will be the largest in the city and the quarry itself will become a sparkling 1.9-billion-gallon water reservoir."

Repairs:

If renting paint interior if you like, replace carpeting add refrigerator, laminate trim on side of counter tops in 2 areas, remove dog pen, landscaping back yard.

Renovating: Mild Rehab. Depends on what you prefer to do with property: flooring, granite counter tops in kitchen and baths, new hardware and fauctes, paint interior, remove dog pen and landscape, new mail box.

Section 8 Atlanta Housing Authority Rents for $2,100 a month.

14% Cap Rate Cash Only Sale. As Is

Rental Breakdown Rented as a 4 Bedroom w 1 Bath with Basement

Monthly Rent $2100.

Rents x 12 months $25,200.

2016 Taxes 40.00

Insurance Estimate $900.

Property Mgt 9%: $2,268.

Net Annual Cash $21,992.00

14% Cap Rate   

Repairs:

If renting paint interior if you like, replace carpeting add refrigerator, laminate trim on side of counter tops in 2 areas, remove dog pen, landscaping back yard.

Renovating: Mild Rehab. Depends on what you prefer to do with property: flooring, granite counter tops in kitchen and baths, new hardware and fauctes, paint interior, remove dog pen and landscape, new mail box.

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* Tax Record Sq Footage

Property is Occupied. Call Johnna Lodge 678 758 0982 for access.

Thank you.