Additional Details

• Important Details: --> Vacant at close --> Brand new AC --> Roof is 10 years old --> No rental restrictions
• Features: Townhome in Lithonia for under $120,000?! This corner unit 2-bedroom, 2-bathroom home features 1276 of living sqft, an additional loft on the second floor, a fenced in yard, and sits in a quiet residential neighborhood. Being offered at an attractive price, vacant at close, and with upside as a flip or great addition to your rental portfolio. Act fast!
• Potential ARV: $185,000-$200,000
• Rehab Description: For a flip or rental, this is an easy rehab. On the outside the roof is 10 years old and in great condition. The ac unit was replaced 3 months ago and is in working order. On the inside this needs this needs cosmetic updates to the kitchen, bathrooms, and trim/fixtures. Deep clean the interior and power wash the exterior, apply fresh interior/exterior paint, and do some landscaping to boost curb appeal!
• Estimated Rehab: $25,000-$30,000
• Comparable Rent: $1700-$1800
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 2190 Wellington Cir, Lithonia, GA 30058 2/2.5 1068 SQFT 1989 Build PENDING @ 197,000 (Less than 30 days on the market) (Smaller/fully updated)
• Comp 2: 6429 Wellington Chase Ct, Lithonia, GA 30058 3/2 1100 SQFT 2001 Build SOLD @ $220,000 07/25/24 (Smaller/clean with some updates)
• Comp 3: 2335 Wellington Cir, Lithonia, GA 30058 2/2.5 1176 SQFT 1996 Build SOLD @ $200,000 04/19/24 (Smaller/not a corner unit)
• Comp 4: 2244 Wellington Cir, Lithonia, GA 30058 2/2.5 1176 SQFT 1987 Build SOLD @ $207,0000 02/14/24 (Smaller/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab