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2740 Norma Cir Decatur, Georgia 30034 MLS# 7497584
******Great investment opportunity**** Near Gresham Park, Downtown Decatur! 4 Sided brick house that can be converted in TWO full units!!! CERTIFIED ARV APPRAISAL value at 330k to 340k.$$! Seller’s licensed general contractor bid 75k to renovate upstairs into a 3/2 and down stairs into a 2/1 apartment. This would be considered a duplex layout! Post renovations, that’s $50,000-$70,000 Built in EQUITY to turn into a CASH FLOW Property. $2,000.00 upstairs and $1,500.00 downstairs (completely separate unit). Seller has floor plans . Also a perfect fit for an owner occupant home buyer with a FHA RENOVATION (203) loan. Ask listing agent for details. A owner occupant could live upstairs and rent out the downstairs apartment. The property needs a cosmetic uplift above ground and a full apartment renovation in the basement. HVAC system and roof in good condition. seller is firm on price. Seller will not entertain low offers . No wholesalers!! this deal won’t last long !! Growing and appreciating area! easy access to shops, restaurants, parks, and schools. Near major highways like I-285 and I-20
Bathrooms
Reduced By $6,000