Downtown Atlanta Flip

Downtown Atlanta Flip

2 bed 1 bath 1960 sq ft Built in 1955 Single Family
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76
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
19/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This diamond-in-the-rough presents an incredible opportunity for savvy investors or experienced flippers. Boasting 1960 square feet of versatile living space, the property offers the potential to be transformed into a spacious 4-bedroom, 4-bathroom home or a 3-bedroom, 2-bathroom home with a fully separate 1-bedroom, 1-bathroom basement apartment — perfect for generating rental income or hosting guests.

While the property requires a full rehab, the payoff is immense. The home needs a new roof, electrical, plumbing, HVAC, insulation, drywall, and cosmetic updates throughout. 

With the right vision, this home will be a stunning modern residence with a flexible layout that suits a variety of lifestyles. The basement offers the possibility of an apartment with a separate entrance, offering future rental income or options for multi-generational living. 

Just minutes from the Westside Beltline, Westside Park, Echo Street West, and the booming West Midtown area, this property is in the heart of a growing community with easy access to downtown Atlanta. The street is lined with modern new builds, elevating the neighborhood’s appeal and adding to the strong demand for properties in the area. With impressive comps showing top-dollar ARVs, this is a prime location to invest in and unlock a high return.

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We recommend flip
Rental Income
$3,200 mo. / $38,400 yr.
Estimated Taxes
$2,591 / yr.
HOA Dues
$0 / yr.
$35,809
Projected Income
9.93%
Estimated APY
$71,725
Projected Income
18.71%
Estimated ROI

Comps

 
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Sold

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