Bought with Non-Mls Salesperson • Non-Mls Company
$205,000
$225,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
257 E Simon Terrace NW Atlanta, GA 30318
5 Beds
3 Baths
2,327 SqFt
Key Details
Sold Price $205,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,327 sqft
Price per Sqft $88
Subdivision Pyramid Assocaition Inc
MLS Listing ID 20156117
Sold Date 02/20/24
Style Brick 3 Side,Brick/Frame
Bedrooms 5
Full Baths 3
Construction Status Fixer
HOA Y/N No
Year Built 1962
Annual Tax Amount $1,441
Tax Year 2022
Lot Size 0.297 Acres
Property Description
This is a amazing investment opportunity in historic collier heights!!. This is a single family red brick home with a full basement. It's a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance . This will make the property more valuable on the retail side and sell faster to first time home buyers . The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants. Cash buyers only or seller preferred hard money lenders . Take your contractor to view property - ZERO Due Diligence period
Location
State GA
County Fulton
Rooms
Basement Bath Finished, Daylight, Exterior Entry
Main Level Bedrooms 3
Interior
Interior Features Other, Master On Main Level
Heating Electric, Forced Air, Other
Cooling Ceiling Fan(s), Other, Attic Fan
Flooring Hardwood, Laminate
Fireplaces Number 1
Fireplaces Type Other
Exterior
Exterior Feature Other
Garage Attached, Kitchen Level, Parking Pad
Garage Spaces 2.0
Fence Fenced, Back Yard, Other
Community Features Sidewalks, Street Lights
Utilities Available Other
View City
Roof Type Other,Tar/Gravel
Building
Story One
Foundation Block
Sewer Public Sewer
Level or Stories One
Structure Type Other
Construction Status Fixer
Schools
Elementary Schools Usher
Middle Schools J. L. Invictus Academy
High Schools Douglass
Others
Acceptable Financing 1031 Exchange, Cash, Private Financing Available
Listing Terms 1031 Exchange, Cash, Private Financing Available
Financing Cash
Special Listing Condition As Is, Investor Owned, Rental
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