Thursday, April 2, 2009

Owner Desperate Must Sell Fast! rent to own (Stone Mountain) $104900

REDUCED AGAIN! One of the LOWEST PRICED HOMES in Georgia. Why RENT when YOU can OWN? Excellent opportunity for a first-time investor. Loyal and friendly neighborhood.

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

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

Must Sell! Significantly Reduced Price! (Atlanta) $21500

REDUCED AGAIN! One of the LOWEST PRICED HOMES in Georgia. Why RENT when YOU can OWN? Excellent opportunity for a first-time investor. Loyal and friendly neighborhood.

This is a brick bungalow ranch style home built in 1956 located in a very convenient neighborhood.

This home offers 3 bedrooms with 2 full baths and has over 1400’ of living space. It actually has a room on back which could be used as a 4th bedroom since it has a closet.

The home does need about everything to be ready to retail: interior paint - $1500, refinish hardwood flooring - $2000, new roof/gutters - $3500, update kitchen and baths - $4000, new fixtures - $1500, New HVAC/Hot Water Heater - $5000, misc. repairs and landscaping - $2,000. Total rehab expense to have retail ready $18k to $20k. Much less to have ready to rent!

Tax value of $104,500! The home last sold for $75,000 on 7/09/99 and has an ARV of $85k. In order to sell quickly, price at $74.9k after rehab and should be able to turn fast. Rent rate for this house will be $850 per month maybe more with optional 4th bedroom. Similar house next door is bank owned and price just reduced to $100k so this is a deal!

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