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Transaction Highlights
- Address: 901 Ridge Ave NW Atlanta, GA 30318
- Inspection: Wednesday, June 27 at 2 PM ET
- Repairs: Depends on exit strategy
- Asking Price: $59,900
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
- Inspection Report: Available upon request after June 27
Opportunity Description
The contract for this three (3) bedroom, two (2) bathroom house at 901 Ridge Ave NW Atlanta, GA 30318 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 36% or greater with the contract for this property. Renovated homes like 918 Ridge Ave across the street have a pending sale for $160,000.
Landlord investors can expect rents of $1,100 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 14%!
This property is in need of a standard rehab. The roof was replaced this year. There is currently a tenant in place with an expiring lease, which you can choose to renew as well. Please do NOT disturb the tenant.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property!
RSVP For our one and only inspection on Wednesday, June 27 at 2 PM ET.