McClelland Ave

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McClelland Avenue, E Point, GA 30344

Asking Price: $190,000

Rehab: ~$7,000 (light cosmetic finishes)

ARV: $245,000+

Estimated Gross Cap Rate: 10.7% ($1,750+/mo)

Property Details:

3 Beds / 2 Baths | 1,064 Sq.Ft Living Area | 3,484 Sq.Ft Lot | Built 1930 | Frame | No HOA | Delivered Vacant

Property Highlights:

Roof less than 1 year old
Brand-new siding
Fully renovated in 2020
Needs deep cleaning and minor touch-ups only
Tenants vacating (property will be delivered vacant)
Renovated photos and current condition photos available
Access will be granted once tenants vacate
 

Comps:

2331 Newnan St, East Point, GA 30344 – SOLD $245K (3/1, 1,007 sq.ft)
1436 Saint Francis Ave, East Point, GA 30344 – SOLD $193.5K (2/1, 897 sq.ft; needs light finishes)

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