Hamilton E Holmes Atlanta Flip/Rental Sold

  • $85,000
  • 4 beds
  • 3 baths
  • 2,300 sqft

The house is a wreck, the definition of a fixer upper, but it is in a neighborhood with high comp potential.  3/2 downstairs with a 1/1 apartment with kitchen upstairs.   Also unfinished basement.

This could be renovated as a single family home for a flip (Comps as high as 275k) or as a multi tenant rental for up to $2,000 rental income per month.   Approx rehab budget of 50-70k depending on exit strategy.

Please do your own due diligence, make sure your numbers line up with ours.

COMPS:  All within very short distance and all recent sales.

2720 Oldknow Dr NW Atlanta, GA 30318  –  Sold for 210k  –  Beautifully Renovated only 1500sqft

525 Collier Ridge Dr NW Atlanta, GA 30318  –  Sold for 185k – Not updated, only 1600sqft

2484 Baker Rd NW Atlanta, GA 30318  –  Sold for 275k  –  This is a clean duplex, not updated, has a VERY nice back yard.  Only 1900 sqft.

2420 Baker Rd NW Atlanta, GA 30318  –  Sold for 240k – Beautifully renovated, only 1650 sqft.

Years of neglect are very obvious upon inspection of this property but the bones are sturdy as this is an all brick home.

As with all of our deals this can be secured after inspection with a 5k deposit, no further due diligence and cash close in 2 weeks.

Happy to work with Realtors and Wholesalers.  Wholesalers please reach out to discuss before advertising this property.

Text or Email Kris Lewis 404-984-9628 or Krislewis4x@gmail.com

Price:
$85,000
Address:
576 Hamilton E. Holmes
Atlanta, GA 30318
Square Feet:
2,300
Bedrooms:
4
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1958
Basement:
Full
Const. Type:
Brick / Vinyl

Call 914-314-2276 for more details

Property Location