Fairburn, GA 30213,123 Summerwood
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Fairburn, GA 30213,123 Summerwood
Fairburn, GA 30213,123 Summerwood
Fairburn, GA 30213,123 Summerwood
Fairburn, GA 30213,123 Summerwood

$225,000

Est. payment /mo

$199,900

12.6%
Est.Price: ?

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123 Summerwood Fairburn, GA 30213

0.37 Acres Lot

SOLD DATE : 05/05/2022

Key Details

Sold Price $225,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Summerwood

MLS Listing ID 20029661

Sold Date 05/05/22

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1985

Annual Tax Amount $1,345

Tax Year 2020

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 16117.2

Property Description

*Back on Market, Buyers Financing Fell Through***A FABULOUS Income Producing Duplex! Starting 4/1/2022 the total monthly income for the property is $1840. Unit #123 has had the same tenant for 13 years, and is paying $700 a month. Unit #125 is under the Housing Authority and as of April 1 the Housing Authority has increased the rent to $1140, this tenant has been in place for 5 years! These are 2 bedroom, 1 bath units. The roof is approximately 5 years old (full replacement in 2018). If/when the tenants move out the units will definitely need carpet & paint. There is property management in place and has a great relationship with the tenants. The current property manager would love the opportunity to stay in place and have a chance to earn your business! The tenants allowed photos to be taken so potential buyers could see the units before submitting anything so please review all photos, run your numbers and then submit your Highest and Best offer. Do NOT bother the tenants, an inspection will be allowed during due diligence only. Please submit all offer with proof of funds by Wednesday April 20th at 11am. **Anyone who previously submitted an offer please re-submit if still interested with an updated approval letter reflecting the interest rate increase. We will NOT accept any offer without an updated letter AND a conversation with the lender to prevent another unexpected surprise**

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Electric

Cooling Electric

Fireplace No

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Electricity Individual Meters, Water Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces From Fairburn, take Fayetteville road to Left on Clay Street. Right on Summerwood. Property on Left. No sign

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Campbell

Middle Schools Renaissance

High Schools Langston Hughes

Others

HOA Fee Include None

Tax ID 09F171300660192

Special Listing Condition Resale

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Georgia MLS - GAMLS
agent

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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