$169,000
For Sale

2740 Norma Circle

Decatur, GA 30034
3 beds | 1 bath | 0.82 acres | #7497584
Type:Purchase
Structure:House
Zone:Residential

Description

******Great investment opportunity**** Near Gresham Park, Downtown Decatur! 4 Sided brick house that can be converted in TWO full units!!! CERTIFIED ARV APPRAISAL value at 330k to 340k.$$! Seller’s licensed general contractor bid 75k to renovate upstairs into a 3/2 and down stairs into a 2/1 apartment. This would be considered a duplex layout! Post renovations, that’s $50,000-$70,000 Built in EQUITY to turn into a CASH FLOW Property. $2,000.00 upstairs and $1,500.00 downstairs (completely separate unit). Seller has floor plans . Also a perfect fit for an owner occupant home buyer with a FHA RENOVATION (203) loan. Ask listing agent for details. A owner occupant could live upstairs and rent out the downstairs apartment. The property needs a cosmetic uplift above ground and a full apartment renovation in the basement. HVAC system and roof in good condition. seller is firm on price. Seller will not entertain low offers . No wholesalers!! this deal won’t last long !! Growing and appreciating area! easy access to shops, restaurants, parks, and schools. Near major highways like I-285 and I-20

  • Property Details
      • Property SubtypeSingle Family Residence
      • Elementary SchoolFlat Shoals - Dekalb
      • Middle SchoolMcNair - Dekalb
      • Sewer InformationPublic Sewer
      • ViewTrees/Woods
      • CountyDekalb - GA
      • Basement DescriptionUnfinished
      • SubdivisionOak Forest
      • Property TypePurchase
      • Original List Price$175,000
      • Parking FeaturesCarport
      • Parking TypeCarport
      • MLS #7497584
      • MLS #7497584
      • Utility SourcePublic
      • High SchoolMcnair
      • Cost169000
      • Property ConditionResale
      • InteriorOther
      • Lot DescriptionOther
      • StyleRanch
      • Utility FeaturesOther
      • Acres0.82
      • Year Built1956
      • Taxes Annual$138
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Bedrooms on Main Level3
      • Basement1
      • Basement Finished1
      • Master on Main1

Location

Josh BowserReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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