Available
$95,000(ARV: $140,000)68% of ARV

DeKalb County, Stonecrest, GA 30038

3 bd2 ba1,457 sfBuilt 2000

26 days ago

Gross spread$45,000

Description

TENANT-OCCUPIED - PLEASE READ FIRST Tenant is in place and paying $1,200/mo. Buyer takes the property subject to the existing tenancy. Possession is NOT delivered at closing. Buyer handles the tenant. Interior access is limited. Exterior walk and the listing photos are what we can offer right now. If you need a vacant house, this is not your deal. If you buy occupied rentals, keep reading. PROPERTY OVERVIEW Type: Townhouse, 3 Bed / 2.5 Bath Size: 1,457 SqFt on a 4,791 SqFt lot Year Built: 2000 | HOA community Central heat and air | DeKalb County | Stonecrest / Lithonia THE NUMBERS Asking $95,000 Current rent: $1,200/mo in place Market rent after turnover: approximately $1,600/mo At $95K and $1,600/mo, that is roughly a 20% gross annual yield before expenses Comparable sales in the area average about $133,500 Run your own numbers - the HOA dues and the tenant situation are yours to verify CONDITION Average condition throughout. Cosmetic work expected; no major structural issues known. Sold strictly AS-IS, in its current condition, with the tenant in place. TERMS - This property is also listed on the MLS and Zillow at $110,000. We control that listing. - The $95,000 price here is for a cash buyer who can close quickly and take it with the tenant in place. - You are buying directly from us — no agent, no showings, no waiting on the retail market. Cash or hard money $1000 minimum EMD Buyer pays all closing costs Quick close available Occupied, cash flowing today, and priced for someone who knows how to handle a tenant. Send your offer. Call or text [representative] at [contact details hidden]

$/sqft vs market

This deal$65/sqft
Market median$141/sqft
Difference−54% below

Median of 18 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,457
Lot size4,791 sf
Year built2000
ConditionLight Rehab
OccupancyTenant Occupied
ParkingDriveway

Systems & condition

HeatingFurnace
Air conditioningCentral AC
FoundationSlab

Self-reported by the seller. Not inspected.

Property information

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