Cobb County, Marietta, GA 30067
2 bd1 ba900 sfBuilt 1954
Gross spread$135,000
Description
MARIETTA / HAMBY ACRES | ONE-LEVEL RANCH | 2BD / 1BA | 900 SQFT | QUICK VALUE-ADD OPPORTUNITY (NOT IN MLS) REMINDER!!! PLEASE SIGN UP for Walk Through Access Monday, November 02, 2026 at 05:15 PM - 06:15 PM. You will need to be registered in order to attend the walk-through. The RSVP button is to the right of the blue banner at the top of the screen of the website PROPERTY OVERVIEW Location: Marietta, Georgia Property Type: One level ranch home built in 1954 Bedrooms and Bathrooms: 2 bedrooms and 1 full bathroom Living Area: Approximately 900 square feet Purchase Price: 185,000 Estimated Renovation: 70,000 Estimated ARV: 320,000 Closing Date: December 30, 2026 MAIN LEVEL LAYOUT Living room, dining room and kitchen Two bedrooms and one full hall bathroom Separate laundry room and attic storage space Rear walkout to backyard Simple existing floor plan suitable for a cosmetic renovation without major structural reconfiguration RENOVATION AND CONDITION Property has reportedly been used as a longtime rental. Roof is older and should be budgeted for replacement. HVAC system is older and should be budgeted for replacement. Windows are older and should be evaluated for replacement. Interior renovation should include kitchen and bathroom updates, flooring, paint and other cosmetic improvements as needed. Estimated renovation budget is 70,000, including allowances for major system replacements. COMPARABLE SALES AND ARV SUPPORT Strong Recent Comparable: 1972 Clearwater Dr SE sold for 345,000 in May 2026. The property featured 2 bedrooms, 1 bathroom and approximately 999 square feet. Its matching bedroom and bathroom count and modestly larger size provide strong upper end support for the subject's 320,000 ARV target. Same Street Comparable: 307 Yancy Dr sold for 305,000. This completely renovated 2 bedroom, 1 bathroom home had approximately 996 square feet. Although the sale is older, it demonstrates buyer demand for renovated small ranch homes directly on Yancy Drive. ARV Strategy: The 320,000 renovated retail target is supported by recent comparable sales, with the strongest recent comparable closing at 345,000. LOCATION HIGHLIGHTS Convenient access to Interstate 75 and Marietta Square Close to Truist Park, The Battery, shopping and major employment corridors Affordable one level living and an efficient floor plan may appeal to owner occupants seeking a renovated starter home or downsizing option. INVESTMENT STRATEGY Primary Strategy: Full cosmetic renovation and resale. Purchase Price: 185,000 Estimated Renovation Budget: 70,000 Total Purchase and Renovation Basis: 255,000 before closing costs, holding costs, financing, resale expenses and other project costs Estimated ARV: 320,000 Estimated Gross Spread: 65,000 before additional project costs and selling expenses SHOWING AND OFFER REQUIREMENTS Buyers must register for the scheduled showing and be on the access list to attend. This is the only scheduled opportunity to access the property before contracts are accepted. Final and Best Offer Deadline: Tuesday, November 3, 2026, at 9:00 AM Closing Date: December 30, 2026 Proof of Funds and LLC documentation must be uploaded for an offer to be considered. TRANSACTION TERMS AND DISCLAIMERS Seller of equitable interest only. The property is not owned by the assignor. The transaction involves the sale or assignment of the assignor's equitable interest under contract. Buyers must conduct their own due diligence. Repair estimates and property values are provided for informational purposes and are not guaranteed. Buyers are responsible for property cleanout and all closing costs. Buyers may not contact the seller directly without express written consent from MPH. Unauthorized contact may be considered interference with a contract and may result in legal action. Property information is proprietary to MarketPro South, Inc. and its affiliates. The property is currently under contract, and any transaction will be completed through an assignment of the existing contract. MarketPro does not collaborate with other wholesalers. DEAL TEXT ALERTS To receive deal alerts, text BUYER to 91074 to opt in. To stop receiving messages, text STOP. Message and data rates may apply.
Verified — contract control only
The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.
$/sqft vs market
Median of 63 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
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Systems & condition
Self-reported by the seller. Not inspected.
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