3br Home & Shop with 3 acres -- Potential Commercial

5459 Old Cornelia Hwy, Lula, GA 30554

$167,900 After Repair Value -
$158,900 Asking Price -
$3,000 Cost of Repairs =
$6,000 Potential Profit

Property Details

Asking Price $158,900

After Repair Value $167,900

Costs of Repairs $3,000

Potential Profit $6,000

Living Area 2128 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

Great Investment Property -- And / Or Fixer-Upper for Young Family
Concrete Block Poured Floor, Auto Shop Repair Building
Would be perfect to tinker around in or run an Automobile or Truck Repair Business - Ready To GO !!!

Inside Lula City Limits -- 3 minutes from GA 365, 20 minutes from Gainesville or Cornelia
easily subdivided and/or
converted for
commercial use

(3) - 1 acre lots

Potential Commercial
backs up to existing convenience store
commercial property

Existing 3 br 1 bath home
2128 covered sq ft
attached 2 car garage
central heat & air
natural gas heaters
all appliances included
hardwood floors throughout
Exterior Remodel Complete - Interior Remodel Underway

Shop Building 600 sq feet
Designed for auto and truck repair
Concrete Floor, Reinforced ceilings
Commercial Air Compressor System
Metal Work Benches In Place

Auto / Truck Motor Pulling Station w/ Winch
Auto / Truck Maintenance Ramps

Chain Link Fence Surrounds Main Property
and Shop Area with 2 Entrance Gates

Repairs Needed

Ceilings are sagging in places because smooth shank nails were used to install he sheetrock. I can make the epairs at sell at full price or accept an \"as is\" offer.

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