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5225 Parks Road Cumming GA 30041
5225, Parks Road, Forsyth County, Georgia, 30041, United States
SOLD! $79,990 - Single Family
1,702 1 Bedroom 1 Bathroom 1941 Year Built

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $300,000 - $320,000
  • Estimated Rehab: $100,000 - $120,000
  • Comparable Rent: $2,200
  • Construction: Frame
  • Occupancy: Call your Agent
  • Comp 1: 5110 Chris Rd. Cumming, GA 30041 3/1, 1,382 sqft., 1972 build Sold $335k on 4/18/22
  • Comp 2: 4940 Scott Rd, Cumming, GA 30041 3/1, 1,382 sqft., 1972 build Sold $335k on 4/21/22
  • Comp 3: 5205 Noah Rd, Cumming, GA 30041 3/2, 1,464 sqft., 1986 build Sold $350k on 3/25/22
  • Rehab Description: This property will need a full rehab. To make this market ready, it will need: new roof, drywall replacement, interior paint, new flooring, new kitchen cabinets & counters, bathroom updates, new appliances, new siding, landscaping, new windows, new doors, electrical needs to be rewired, new insulation, new light fixtures and trash-out
  • Features: This property will make for an excellent wooded getaway! The home is less than 1 mile from Lake Lanier and sits on a 1 acre lot that's completely surrounded by trees. With low inventory for the area, this would make for a quick sale. Get ready to turn this into a dream home!
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
Property Location