Additional Details

• Important Details: --> 21-day post-occ with $10k escrow holdback
• Features: Great investment opportunity for amateur or seasoned investor in Southwest Georgia! This beautifully maintained 4/1.5 property is the perfect starter home, rental-ready and primed for a profitable flip. This home sits on a generous 0.5-acre lot in a peaceful, quiet neighborhood, just steps away from the Southwest Georgia Regional Airport. Additionally, its proximity to Albany Tech ensures a convenient location for young potential renters or buyers. Don't miss out on this gem!
• Potential ARV: $135,000 - $150,000
• Rehab Description: To get this property in rental-ready condition it will need finishing touches in the half bathroom, including a toilet. Some additional deep cleaning all around and a fresh interior/exterior coat of paint should do the trick. For a flip this property needs cosmetic updates to the kitchen, bathrooms, and trim/fixtures. Electrical and plumbing in working order. Roof, HVAC, and flooring, all replaced in 2020 with permits. Optional landscaping to round out renovation and boost curb appeal!
• Estimated Rehab: $20,000 - $30,000
• Construction: CBS
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,100
• Comp 1: 2214 Willingham Dr, Albany, GA 31721 3/2 1290 sqft SOLD $145K in MAY (1965 build, low-end renovations, covered back porch)
• Comp 2: 2212 Oakhaven Dr, Albany, GA 31721 3/3 1493 sqft SOLD $165K in JULY (1964 build, clean but dated, pool, carport)
• Comp 3: 5618 Paulk Dr, Albany, GA 31721 4/3 2259 sqft SOLD $185K in JUNE (1971 build, renovated)
• Comp 4: 1418 Lily Pond Rd, Albany, GA 31721 3/1 1175 sqft SOLD $125k in APRIL (1947 build, dated, 2.5 acres)
• Comp 5: 5523 Randall Ln, Albany, GA 31721 3/1 1029 sqft. SOLD $80k in APRIL (1958 build, dated interior, carport, CASH SALE, 30% smaller)