3635 Sulene Dr

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Property Overview and Highlights

Property Overview:

• Type: Single-Family Residence (Cape Cod, Country, Ranch Style)

• Size: 1,686 sqft

• Bedrooms: 3 (all on main level)

• Bathrooms: 2 full baths (all on main level)

• Lot Size: Approximately 0.5 acres

• Year Built: 1976

• Parking: 2-car carport

• HOA: No HOA

Property Highlights: This is a single-family, four-sided brick home in the Southern Colony subdivision of Atlanta. It is an ideal property for a fix-and-flip investor. It features high ceilings (9 ft) on the main level, a cozy fireplace in the family room, and a master-on-main. The large, fenced backyard and courtyard provide excellent outdoor living space.

Repairs Needed:

• Heavy cosmetic updates are needed throughout the interior.

• Kitchen and bathroom renovations are necessary to meet modern standards.

• Flooring replacement is required.

• Newer roof, HVAC and hot water heater.

• Foundation work.  Looks like there may be termite damage

• Estimated Repair Costs: $55,000 - $85,000

ARV Breakdown

ARV (After Repair Value): ~$275,000

• 4595 Fradon Court Atlanta 30349 - 3 bed 2 bath, 1665 sq ft, 1966 build, sold 5/25 for $269,999

• 4170 Sunrise Trl, Atlanta 30349 - 3 bed 2 bath, 1739 sq ft, 1970 build, sold 11/24 for $285k

Potential Returns: This property offers a strong opportunity for a significant profit margin on a fix-and-flip strategy or for an investor to create a high-value rental property.

Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!

Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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