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292 Simpson St, Mcdonough, GA 30253
292, Simpson Street, Blacksville, McDonough, Henry County, Georgia, 30253, United States
SOLD! $44,990 - Single Family
979 sq ft 3 Bedrooms 1 Bathroom 1961 Year Built

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $140,000 - $160,000
  • Estimated Rehab: $70,000 - $80,000
  • Comparable Rent: $1,500
  • Construction: Frame
  • Occupancy: Call your Agent
  • Comp 1: 40 Woodruff St, McDonough, GA 30253 3/1, 1133 sqft., 1950 build Sold for $183K on 10/7/22 Rental condition interior. Older build
  • Comp 2: 190 Amy St, McDonough, GA 30253 2/1, 708 sqft., 1948 build Sold for $185K on 9/16/22 Smaller, older build. Rental condition interior.
  • Comp 3: 255 Hampton St., McDonough, GA 30253 3/2, 2100 sqft., 1959 build Sold for $216K on 12/21/22 Dated condition.
  • Rehab Description: This property will need a full rehab. Property is currently gutted in "down-to-the-studs" condition. Install flooring, kitchen, and bathrooms plus HVAC. Area does not call for high end finishes. Electrical, plumbing and roof will likely need attention. Pressure wash, paint and landscape exterior to maximize value.
  • Features: Low price point in McDonough! Start from scratch with this 3 bedroom, 1 bathroom brick veneer house. Property sits on spacious 0.3 acre lot with large back yard minutes from McDonough Square and commercial area plus only 30 miles from downtown ATL! Get this affordable deal with great upside while you can!
  • Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab
Property Location