GA Off-Market Equity Rich Buy and Hold Performing Property - 3/1 on 0.34 Acres

265 Holly Ave, Fayetteville, GA 30215

$105,000 After Repair Value -
$55,500 Asking Price -
$0 Cost of Repairs =
$49,500 Potential Profit

Property Details

Asking Price $55,500

After Repair Value $105,000

Costs of Repairs $0

Potential Profit $49,500

Living Area 862 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $675

Yearly Expenses $700

Property Taxes $878

Net Operating Income $6,522

Cap Rate 5.75%

Property Description

Sharing with you an Off-Market deal in Fayetteville, GA

This property is TENANT OCCUPIED and is a performing property, you can acquire it at a discount of 52% ARV

NOTE TO BUYER: It is PREFERRED to allow the tenant to remain in place. Tenant is elderly and is an excellent tenant. It is possible to raise the rent to $675/mo. Please inquire for more details.

Here are the property details:

Estimated Repair Level: Light
Estimated ARV: $105,000
Current Rent: $650/mo - Excellent Paying Tenant over 5 years!

Equity at Purchase: $49,500

Our Price: $55,500 - Make an Offer!

Beds: 3
Bath: 1
Sqft: 862 | Lot Size: 14,810
Year Built: 1960

Taxes: $878/yr | $73.16/mo
Insurance: $700/yr | 58.33/mo

- Sits on 0.34 Acres
- 27.5 miles to Atlanta, GA
- \'Value Add\' lot size at the end of a neighborhood street.
- Tenant occupied for the last 5 years paying $650/mo - Excellent Payment History
- Off Street Parking
- Installed 2019: Granite Countertops in Kitchen, New Cabinetry, Sink and Appliances. New shower/tub combo, commode and tile flooring. No repairs needed on major systems, Roof age 5 years. No Central A/C or Heat.
- One Story, No Basement
- Tenant Occupied - DO NOT DISTURB TENANT

Interested or Ready to Buy?

or email: abundantrealtyresources at gmail dot com

- Subject Line: Fayetteville Holly Street Deal


Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 265 Holly Ave, Fayetteville GA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (12)

Hundreds of properties in Georgia! Check Deals in Georgia