Great Buy and Hold Property 20% Under Market Value!

1333 Pierce St, Perry, GA 31069

$89,000 After Repair Value -
$69,000 Asking Price -
$800 Cost of Repairs =
$19,200 Potential Profit

Property Details

Asking Price $69,000

After Repair Value $89,000

Costs of Repairs $800

Potential Profit $19,200

Living Area 1080 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

This property is located in a great family-oriented neighborhood. sits behind Perry High School and can rent for $1,200 per month. There are some renovations and new built houses 2 doors down from this property, which will increase the value of this property in the near future. Once one of the newly renovated and/or new built properties sell the ARV may increase to $100,000. Some minor repairs needed. (Tenant turnover) We are about to start on the repairs to rent this property. Once rented we will increase the purchase price. to $75,000 being that it will be turnkey.

Repairs Needed

Repairs in progress. Started on touch up painting. One side of the exterior door needs a door jam replaced. Washer machine drainpipe needs to be tied into main line.

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