257 E Simon Terrace, Atlanta, GA 30318

257 E Simon Terrace, Atlanta, GA 30318
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$205,000
Sold on 2/20/24
Beds Baths Sq. Ft. Taxes Built
5 3.0 2,327 $1,441 1962
On the market: 110 days
View full details, 15 photos, school info, and price history
This is a amazing investment opportunity in historic collier heights!!. This is a single family red brick home with a full basement. It’s a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance . This will make the property more valuable on the retail side and sell faster to first time home buyers . The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants. Cash buyers only or seller preferred hard money lenders . Take your contractor to view property - ZERO Due Diligence period
Listing courtesy of George Ansong, Maximum One Greater Atlanta Realtors