Friday, April 17, 2009

Stop! Look at this steal of a deal! (Stone Mountain) $45500

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 an older (1948) aluminum siding two-story home with a two car carport sitting on a large double lot! There is also a very large shed/building in back which has power and a separate meter and is the size of a typical house! This is a large house for the money and is close to rent ready but does need an outside A/C compressor! The house is located is a great up and coming area just down from St Mtn. Village.

This home offers 4 bedrooms with 2.5 baths and has an extra room which could easily be converted to a 5th bedroom. The house has over 3200’ of living space. All bedrooms are good size and 3 of the bedrooms are huge! Two of the bedrooms have access to balcony!

The house is actually in decent shape. Your rehab expense will really depend upon what you want to do with the house. The following is my estimated repairs to retail: exterior pressure wash and paint trim - $1500, interior painting - $2500, new flooring - $3000, new A/C - $2000, new kitchen counter tops - $1000, appliance pkg. - $1500, misc. repairs, updating and landscaping - $5000. Total rehab expense to retail $15k to $18k!

Tax value of $219,900! The home last sold for $92,500 on 4/17/96. The house is very hard to comp as there are really no similar houses in the area. Rent rate for this house will be $1000-$1100 per month.

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

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