Available
$68,000(ARV: $135,000)50% of ARV

DeKalb County, Decatur, GA 30034

3 bd2 ba1,304 sfBuilt 1969

13 days ago

Gross spread$67,000

Description

Buy Now Price: $68,000 ARV: $135,000 Property Highlights Property Type: Condominium | 3 Beds | 2 Baths | 1,304 sq. ft. Lot Size: 1,742 sq. ft. Year Built: 1969 Parking: Dedicated parking space right outside the unit. Occupancy: Vacant HOA Fee: Currently $344/month (includes all exterior maintenance including roof, water, sewer, and garbage, currently includes a temporary special assessment; expected to drop to ~$275/month) Potential Rent: ~$1700/month Rehab & Inspection Notes Electrical Panel: Good HVAC: Good Roof: Good Water Heater: Good Plumbing: Good Interior Scope: needs to be remodeled - paint, removal of wallpaper, update kitchen and bathrooms, replace flooring Investor Insight Cosmetic-Only | Gated Atlanta Metro | Flip or Rental South DeKalb / 30034 is a high-demand rental corridor anchored by three of Atlanta’s most reliable demand drivers: direct I-20/I-285 access Long-term renters in this corridor are stable and consistent Rehab - wallpaper removal, fresh paint, updated flooring, a full kitchen refresh, and two bathroom updates. There are no structural unknowns and no system surprises. A cosmetic-only scope is the fastest, most predictable path to ARV The gated, key-card-access community is a premium for rental tenants at this price point; security is a top priority for renters in the South DeKalb corridor and commands stronger retention. Dedicated parking directly outside the unit is a significant differentiator. Investor Takeaway: This is a vacant Decatur condo with clear cosmetic upside, strong rental support, and two practical exit paths. Investors can pursue a turn-key resale after interior modernization or stabilize it as a cash-flow rental, while underwriting the HOA, special assessment timeline, and gated access logistics before closing. Access & Closing Info Viewings: Vacant Contract: Assignment (secure with EMD + assignment) EMD: $5,000 Closing: On or before 08/27/2026 This one won’t last! Call/Text: DISPO HOTLINE [contact details hidden]

$/sqft vs market

This deal$52/sqft
Market median$176/sqft
Difference70% below

Median of 37 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,304
Lot size1,742 sf
Year built1969
ConditionMajor Repair
OccupancyVacant
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing126
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