Monday, April 6, 2009

Cheap House, Buy Now! (Snellville) $37000

GREAT OPPORTUNITY TO MAKE IT OWN! GREAT FOR FIRST TIME HOME BUYER OR INVESTOR. THIS PROPERTY HAS A GREAT LOCATION, CLOSE TO ALL SHOPPINGS, FREEWAYS, AND MUCH MORE.

This is a drive under basement traditional style home built in 1984 sitting up on a great corner lot!

This home offers 3 bedrooms with 3 full baths! All rooms are very large! Drive-under garage offers additional space for total gross area of 2482’.

The home needs some work but for this price you can’t go wrong! The following is estimated repairs to retail: interior/exterior paint - $4000, replace roof, gutters and downspouts - $4000, replace hot water heater - $750, plumbing repairs - $1250, new flooring - $3000, bathroom and kitchen updates - $5000, porch repairs - $1500, misc repairs and landscaping - $2000. Total rehab est. of $20k to $23k depending upon strategy.

Tax value of $143,800 and similar house down the street listed for $148.9k! The home last sold for $110,000 on 1/12/99. After rehab I would price house at $115k to $120k for quick sale or keep in rental portfolio for future market value increase. Market rent $1000-$1100.

Kevin morice @: 678-427-7700 www.thisgreathouse.com

Landlords This House is a Cash Cow! rent to own (Stone Mountain) $104900

GREAT OPPORTUNITY TO MAKE IT OWN! GREAT FOR FIRST TIME HOME BUYER OR INVESTOR. THIS PROPERTY HAS A GREAT LOCATION, CLOSE TO ALL SHOPPINGS, FREEWAYS, AND MUCH MORE.

Siding ranch recently updated is ready for immediate occupancy.

This home offers 3 bedrooms and 2 full baths including a huge master bathroom. The master bathroom offers a double vanity and a garden tub/shower combo.

Many upgrades including a new 30 year architectural shingle roof, all new appliances including a refrigerator, new paint inside and out, new flooring throughout.

Very large family room or bonus room with stone fireplace and built-ins.

Tax value of $110,900! The house actually last sold for $131,200 in 8/02.

Owner Finance Available with 10% down payment. Rent to Own also available with $3000 option fee and $900 per month! Rent credit of $100 per month towards the reduced purchase price.

Shiloh Schools

If you want to know more information about this property please feel free to contact me at any time via email or phone. Kevin morice @: 678-427-7700 www.thisgreathouse.com