Description

Property Specifications 

50 Dorothy St SE, Atlanta, GA 30315

3 Beds/2 Baths

1,131 SqFt

Built in 1920

Access is by lockbox call/email/text for code


Quick thought

Perfect flip for newbie or experience investor.  Rare 69% of ARV deal, located in South Atlanta neighborhood.  Property has an open floor plan. Renovations have already started, already have brand new wiring system installed and new sheet rocks have been replaced around the house. Low DOM for comps.


Numbers

Cash Price: $70,500 OBO

Repairs $10k-15 (Rental) 20-25k Retail

$130,000 ARV (conservative)

$1,000/mo Rent

Must be able to close quickly.  Do DD prior to contract.  


Comps

64 Dorothy St SE 3/2 (1920YB) -         150,000 Sold(03/29/2016) 0.2mi

1562 Jonesboro RdSE  3/2 (1920YB)- 179,000 Sold(06/14/2016) 0.2mi

62 Dorothy St SE 3/2 (1920YB) -         169,000 Sold(08/02/2016) 0.2mi

229 Harriet St  3/2 (1935YB)-               142,000 Sold(11/04/2016) 0.6mi

62 Adair Ave SE 3/2 (1935YB)-            126,000 Sold(10/04/2016) 0.8mi


Click here for pictures.  

Click here for video walkthrough.


Want to buy it? 

Click here to make an offer. Bring all offers!


Do you have a specific request? 

Reply to this email with your buying criteria!


Got questions? 

I have answers. Feel free to contact me.


By the way...

Have capital and looking to JV? That's something we can do too. We have several new build and renovations that we're doing in Atlanta and we're open to partnership opportunities. Want to be part of my lender network? Reply to this email and I'll send you a whitepaper!


Ken Reed, Investor

ken@cashsalequickclose.com

404-341-6222

Please note: all estimates and assumptions are not a guarantee for the performance of the investment. Buyers are responsible for conducting their own due diligence.  Agents add your commission, wholesalers bring your buyers let's work together. 




Property Details

Property Status Expired
Price $70,500
Estimated Repairs $20,000
Square Footage 1131
Sq Footage Source
Estimated ARV $130,000
Estimated Equity $39,500
Bedrooms 3
Bathrooms 2
Year Built 1920
Publish Date February 24th, 2017

Seller Information

KEN Reed

Member since December 2015


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.