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257 E SIMON TER NW, Atlanta, GA 30318 Single Family Residence For Sale MLS# 7298542

Detailed Information

  • Type: Private

  • Price: $225,000

  • Location: Atlanta, Georgia, GA

  • Address: 257 E SIMON TER NW, GA

  • Zip: 30318

  • Bedrooms: 5

  • Bathrooms: 3

  • Size: 2325 square feet

  • Property size: 12938 square feet

  • Condition: Used

This is a amazing investment opportunity in historic collier heights!

This is a single family red brick home with a full basement. It’s a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance. This will make the

property more valuable on the retail side and sell faster to first time home buyers. The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants.

Cash buyers only or seller preferred hard money lenders.

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