THE DEAL ROOM

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Permalink Reply by Ron Garner on April 5, 2009 at 1:08pm

$35,000 cash/hard money

Priced Low For Quick Sale!

Lithonia, GA 30038

DEKALB COUNTY

This is a siding and stone split foyer style home built in 1985 with a one car garage! For the money you can’t beat this house!This home offers 3 bedrooms with 2 full baths and has a finished great room with stone fireplace in the basement.The following is estimated repairs to retail: interior/exterior paint - $3500, new flooring - $2500, new roof - $3000, new HVAC - $4000, misc. repairs including some updating and landscaping - $2,000. Total rehab expense to retail $13k to $16k! For a rental you can probably wait another year or two for the roof and outside painting is not too bad right now. Figure about $8k to $10k to get rent ready. Tax value of $112,000! The home last sold for $110,100 on 3/01/02 and has an ARV of $100k. In order to sell quickly, price at $84.9k after rehab and should be able to turn fast. Rent rate for this house will be $800-$850 per month. Investor has a renovated house down the street currently for sale at $95k.

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Permalink Reply by Ron Garner on April 8, 2009 at 4:14pm

Investor Special in Historic Stone Mountain, GA
City: Stone Mountain
State: GA
Zip: 30083
Country: USA
Price: $45,000
Beds: 4
Baths: 2.5
Floors: 2
Status: Available


Full Description: NEW LISTING... JUST ADDED!! CASH OR HARD MONEY!! Great Potential!!!
Your Price: $45,000 ARV: $130,000 4 Bedrooms 2.5 Bath Huge home in an established subdivision! with Great potential as a fix-n-flip or cashflowing rental Repairs $8,500
Ron
cmoneydeals@yahoo.com

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Permalink Reply by James Williams on April 12, 2009 at 5:27pm

Excellent Real Estate Rental Turnkey Opportunity - More Than 50% Below Appraised Value!! RealQuest Appraisal: $58,000 Low Beaver County Taxes: $729.00

Four Bedroom One Bath -asking $20,000 Cash/Hard money includes $5000 assignment fee.
Excellent Condition, Needs nothing, Quiet Area, New Carpeting, Newer Roof

Currently rented for $500 a month. This property is kept IMMACULATE by LONG TERM partial Section 8 tenant who pays all utilities and also doesn't want to go anywhere. You'll need to take your shoes off to go in this property!

Management can be provided.

Deals like this don't come along everyday, Don't let it pass you by.

Comparables:

137 Wilker Ave
Sold for: $61,375 on 7/10/2008
4 br 1 ba Living Area: 1070 sq. ft.

9 Pearl St
Sold for: $54,000 on 10/9/2007
3 br 1 ba Living Area: 1296 sq. ft.

337 Manor Ave
Sold for: $46,000 on 5/1/2008
3 br 1 ba Living Area: 1008 sq. ft.

218 Penn Ave
Sold for: $40,000 on 9/30/2008
3 br 1 ba Living Area: 1232 sq. ft.


Call: 1-877-3152637/724-964-9122/724-312-0954 or Email me for more details at info@quickhomesalepittsburgh.com.

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