Monday, June 15, 2009

REDUCED PRICE! NEED TO SELL ASAP! (Grayson) $53500

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 siding and brick tri-level with a two car carport built in 1976. The home sits on a very nice level wooded ½ acre lot in sought after Grayson. Very nice curb appeal!

This home offers 4 bedrooms with 2 full baths, living room and sunken family room with wood burning stove. In-Ground pool in back looks to be in good shape.

The following is estimated repairs to retail: interior/exterior paint - $3000, new flooring - $3000, HVAC looks old but appears to function - $1000, gutters - $750, update kitchen/appliances - $2500, update bathrooms - $2000, misc. repairs, new fixtures, repair pool, dumpster and landscaping $3000. Total rehab expense to retail $14k to $16k! In order to get rent ready could probably get by spending less than $10k and have the house in rent ready condition.

Tax value of $140,900! The home last sold for $127,500 on 1/15/02 and before that sale it sold for $75k in 1989. Current actives in the neighborhood run from $100k to $120k. A conservative rent rate for this size house should be $950 to $1000 per month.

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

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