Prime investment opportunity contact this number if interested 347-667-6143

2169 Delowe Dr, East Point, GA 30344

$250,000 After Repair Value -
$150,000 Asking Price -
$80,000 Cost of Repairs =
$20,000 Potential Profit

Property Details

Asking Price $150,000

After Repair Value $250,000

Costs of Repairs $80,000

Potential Profit $20,000

Living Area 1,530 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

Prime investment opportunity knocking in East Point with two potential rental units! This larger-than-average home offers over 1,500 square feet above grade in a neighborhood where most are smaller. This four-sided brick Virginia Highlands-style bungalow/cottage is ready for a full renovation and is perfect for an experienced flip investor or a savvy homeowner planning to use a renovation loan. The property includes a separate upstairs efficiency unit with its own private rear entrance-ideal for use as a guest suite, Airbnb, or supplemental rental income to help offset your mortgage (1BR/1BA up and 2BR/1BA downstairs layout). Note: the home is not legally zoned as a duplex; verify plans with the City of East Point before proceeding. Step inside to a spacious fireside family room featuring original hardwoods and extra trim work, with access to a screened porch that could easily be enclosed to create additional living space or a bright sunroom. French doors lead to the formal dining room off the kitchen. The kitchen offers access to the rear deck, backyard, and the upstairs suite. The main level includes two generous bedrooms that share a central hall bath, while the upstairs features its own full bath, bedroom, closet, and efficiency kitchenette. The oversized, level 1/3-acre lot provides plenty of space in the backyard for an ADU or garage addition. A storage shed is already included, and the home\'s crawlspace offers extra storage flexibility. There\'s also ample parking for multiple cars. Located just 5 miles from Hartsfield-Jackson International Airport and less than half a mile from Langford Parkway, this property sits in a prime location for easy access around the city. Seller is open to allowing sufficient time for buyers pursuing renovation loan financing. Property is being sold \"as is\" without seller making repairs, but can be sold subject to an inspection period.

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