Bought with Juan Villavicencio • Villa Realty Group LLC
$35,000
$19,999
75.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1.5 Baths
1,227 SqFt
SOLD DATE : 02/12/2024
Key Details
Sold Price $35,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,227 sqft
Price per Sqft $28
Subdivision Tamarack Condominium
MLS Listing ID 10236979
Sold Date 02/12/24
Style Traditional
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Fixer
HOA Fees $2,196
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $768
Tax Year 2023
Lot Size 827 Sqft
Property Description
A sweat equity dream come true! Yes, this end-unit condo needs full electrical work, a new HVAC system, and new drywall everywhere. But here's where the life-long opportunity awaits: (1) Estimated repair cost: $35K. (2) Property taxes are low, and the condo fees are under $200 per month. (3) There are NO rental restrictions. (4) You can live there affordably and avoid high rent and high home ownership costs. (5) Or you can earn an annual net operating income of at least 16%! One of the pictures shows the math. The roofs are fairly new, and the condo association has begun painting some of the buildings, including this one. Just a quarter mile away is the South River Trail - West Trail - a 7-mile long greenway trail. Great location: close to I-285, I-20, and shopping. SELLER WILL REVIEW ALL OFFERS AFTER 5 p.m. ON Jan. 15.
Location
State GA
County Dekalb
Rooms
Basement Crawl Space, Exterior Entry
Interior
Interior Features Other
Heating Central, Electric, Forced Air
Cooling Central Air, Electric
Flooring Other
Exterior
Garage Off Street, Over 1 Space per Unit
Garage Spaces 2.0
Community Features Street Lights
Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description No Dock Or Boathouse
Roof Type Composition
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Construction Status Fixer
Schools
Elementary Schools Oak View
Middle Schools Cedar Grove
High Schools Cedar Grove
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Agent/Seller Relationship, As Is, Investor Owned, No Disclosure
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