1731 Oxford Dr., Morrow, GA 30260

1731 Oxford Dr., Morrow, GA 30260
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$216,000
Sold on 12/18/23
Beds Baths Sq. Ft. Taxes Built
7 4.0 2,509 $2,848 1971
On the market: 31 days
View full details, 15 photos, school info, and price history
Step into a world of endless possibilities with this unique and spacious property. With 7 bedrooms and additional bonus rooms, this versatile home is great for your large family, roommates, or anyone needing ample space. This home sits on an expansive 15,000 sf lot and features a huge rocking chair front porch. Upstairs has 3 bedrooms, including a primary bedroom with en-suite bath. There are 2 living spaces on the main floor, plus 2 additional bedrooms including an additional primary bedroom on the main level. With multiple living spaces, and 4 full bathrooms, this home is perfect for multi-generational living, guests, or house-hacking. For the savvy investor, this home is a slam dunk and would rent for $3000/mo or more. The house has numerous rooms, offering flexibility for various uses such as studios, offices, meditation spaces, home theater, a gym, or anything you can imagine. It’s unheard of to find a move-in ready home like this. Check out the 3D walkthrough! Investors will find this property particularly appealing. It's an excellent rental opportunity and would rent for over $3000/month blowing away the 1% rule - providing a substantial return on investment at a 10% cap rate. The house is in turnkey condition, making it an ideal choice for house hacking or buy-and-hold. It could make a good flip too. If you renovate the home to the next level, its value will be above $300,000 and you could refinance and take out almost all your equity or sell it for a profit. While rich in potential, it's important to clarify that this property is not recommended for PadSplit or an investor renting out all 10 rooms to unrelated individuals. The City of Morrow does not allow it. This home is a rare find, offering a blend of space and flexibility for a variety of living arrangements.
Listing courtesy of Josh Stanton, Keller Williams Realty Metro Atlanta