Additional Details

• Important Details: --> Vacant at close --> Only 10k entry fee
• Purchase Price: $110,000
• Features: This 2/2 townhome, built in 1987 with 1,024 square feet, will be delivered vacant at close and is available with only a $10K entry fee. Offered as a seller finance deal, it provides flexibility to either hold as a rental or execute a quick flip at an attractive price point. With area rentals commanding $1,400–$1,600 per month, this property presents strong cash flow potential alongside resale upside.
• Rehab Description: This property offers a straightforward rehab for rental or resale. For rental, replace flooring, reface kitchen cabinets, update vanities, and paint the interior. To maximize on resale, add a new AC, update the kitchen, baths, and flooring, paint inside and out, then finish with a deep clean and landscaping for curb appeal. The roof is older but leak-free and functional.
• ARV: $165,000-$175,000
• Entry Fee: $10,000+ Closing Costs
• Terms: Seller finance - 15 Year Loan @ 7% fixed ($898.83/Month)
• Rent: $1300-$1500/MO
• Comp 1: 2080 Charter Ln, Lithonia, GA 30058 2/2 988 SQFT 1987 Build SOLD @ $165,500 6/29/25 (Clean with some updates/up for rent @ $1600/mo)
• Comp 2: 2115 Charter Ln, Lithonia, GA 30058 3/2 1044 SQFT 1990 Build SOLD @ $190,000 6/13/25 (Updated)
• Comp 3: 6424 Charter Way, Lithonia, GA 30058 2/2 988 SQFT 1992 Build SOLD @ $165,000 5/24/25 (Dated/up for rent @ $1600/mo)
• Comp 4: 6456 Charter Way, Lithonia, GA 30058 2/2.5 1000 SQFT 1988 Build SOLD @ $170,000 4/17/25 (Clean/dated)