Additional Details

• Important Details: --> DUPLEX --> 2/1 on each side rented for $850/mo each --> Buyer must assume current Month-to-month Tenants
• Features: RARE, PRIME location for a duplex in Decatur, GA! This 4-bedroom, 2-bathroom features 1697 sq ft, and sits on a huge cornet lot. Each unit is a 2/1, approximately 848 sq ft, has its own electric meter, a stove, refrigerator, microwave, living area, bedroom and bath. Being offered with instant equity with room to maximize on market rent. Conveniently located near Downtown Decatur and all it has to offer. Don't miss out on this rare opportunity!
• Potential ARV: $360,000-$380,000
• Rehab Description: For a flip or to maximize rents, this property will need a full rehab.
• Estimated Rehab: $70,000-80,000
• Comparable Rent: 13550/MO Per unit
• Ideal Investment Strategy: Rental/Resale
• Construction: Frame/Brick
• Comp 1: 1487 W Austin Rd, Decatur, GA 30032 Duplex (3/1 & 2/1) 1841 SQFT 1965 Build SOLD @ $346,936 08/02/24 (Slightly bigger/sold as-is)
• Comp 2: 2347 McAfee Rd, Decatur, GA 30032 Duplex (2-2/1s) 1728 SQFT 1959 Build SOLD @ $380,000 04/25/24
• Comp 3: 1506 Janmar Dr, Decatur, GA 30032 Duplex (2-2/1s 1680 SQFT 1963 Build SOLD @ 379,000 04/25/24 (Updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab