Monday, June 15, 2009

Cheap Homes available at up to 70% off Value (Ellenwood) $27900

DON'T MISS THE OPPORTUNITY TO BUY THIS BEAUTIFUL AND UNIQUE HOME NEWLY RENOVATED KITCHEN AND ALL OTHER ROOMS. THIS HOME CAN ACCOMMODATE YOUR FAMILY.

This is a wood foyer style home with a one car garage! It is located in a very nice subdivision with homes sitting on nice size lots.

This home offers 4 bedrooms with 2 full baths and an extra bonus area in the finished basement. Total finished space of 1836’ with another 250’ in the one car garage area.

The following is estimated repairs to retail: interior/exterior paint - $4000, new flooring - $3000, add gutters - $500, replace front porch and repair rear deck - $2000, HVAC looks newer, some sheet rock repairs, - $1000, new 6 panel doors throughout - $2000, update kitchen - $2500, update bathrooms - $3000, misc. repairs, dumpster and landscaping $2000. Total rehab expense to retail $18k to $22k! In order to get rent ready could probably get by spending $12k to $14k and have the house in rent ready condition.

Tax value of $110,200! The home last sold for $124,500 on 8/28/02 and before that sale it sold for $98k in 10/99. Current actives in the neighborhood run from $65k to $130k. A conservative rent rate for this size house should be $850 to $900 per month.

Kevin Morice @ 678-427-7700 Web: www.ThisGreatHouse.com

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