UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Dixie Hills
MLS Listing ID 7541425
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1938
Annual Tax Amount $3,676
Tax Year 2023
Lot Size 8,999 Sqft
Acres 0.2066
Property Sub-Type Other
Property Description
Seller financing is available for fix-and-flip investors subject to the existing hard money lender, with only $35K down at closing and no origination points. Maximize profits by converting the property into a legal duplex, with a projected ARV in the low $400s. The property has already been converted to duplex-style living, requiring only permits and minimal TLC to complete the legal conversion.
Zoned R5, with conversion costs estimated at $25,000 (including electrical separation, new HVAC, and cosmetic upgrades), this property presents long-term upside. With a certified appraisal at $425K ARV, it's an exceptional investment in one of Atlanta's hottest markets.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Window Features Insulated Windows,Window Treatments
Exterior
Parking Features Driveway, Level Driveway
Fence Fenced, Front Yard, Wood
Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Woodson Park Academy
Middle Schools Fulton - Other
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 017400070038
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Special Listing Condition None
1163 W Peachtree St NE Ste. 200, Atlanta, GA, 30309, USA