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Two income-producing units - R4 zoning. This charming 5-bedroom, 2-bath sits on 0.76 acres and the home is 1,880 square feet. The upper floor, (1080 sqft) has been renovated with hardwood and tile throughout and in excellent condition with only a few finishing touches needed. Downstairs has its own private entry and has been framed for 2 beds and 1 bath and has been outfitted with plumbing throughout and gas lines installed for the kitchen. This home features a newer roof and HVAC (less than 5 years old) and offers plenty of space for living and entertaining. Half of the windows are new. The unfinished basement provides endless potential for customization. Don’t miss this opportunity to own a beautifully maintained property in a great location!

Stats:
County: Atlanta
Bed/Bath: 5/2
Sqft: 1,780 (1,080 sqft upper floor, approx 700sqft lower)
Land SqFt: 33,105
Built: 1940
Zoning: R-4
Upstairs, 3 bed, 1 bath, all updated
Downstairs, framed for 2 bed, 1 bath, plumbing and gas hooked up.
ARV Price: $386K+
Market Rents: $1,709
Current Rent - vacant

Fast Facts:
Roof - 5 years old
HVAC - 5 years old
Windows - no issues/half of them new
Hot Water Heater -5 years
Electrical - no issues
Plumbing - no issues
Foundation - no issues
Kitchen & Bathrooms - new /granite
Occupancy - vacant
Appliances - 5 years
Parking - 4 spaces street

SOLD MLS COMPS
1735 S Alvarado Ter SW (5/2, 1,856 sqft 10,018 lot sqft 1945 build)- $395,345 /$213ft (06/25/24)DOM 30 - Reno
2783 Grand Ave SW (4/2, 1644sqft, 10,759 lot sqft, 1950 build) - $360K / $219ft (07/30/24) DOM41 - ARV
1647 Westhaven Dr SW (3/2, 1,864sqft, 17,424 lot sqft, 1945 build) - $422,400 / $227ft (04/30/24) DOM 30 - ARV
520 Holly St (5/3 ,1,895 sqft 10,018 lot sqft, 1967 build) - $385K/$203ft (11/14/24) DOM 60 - ARV
218 Maple St (3/2, 1343sqft, 7,492 lot sqft, 1950 build) - $305K / $227ft (06/11/24) DOM 3 - ARV, sold over asking

ACTIVE COMPS
1611 Mill Acres DR SW 5/3 1,736 sqft 1958 build $350,000
2069 Sandtown RD 5/3 1950 build $259,000 DOM 66

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Loan Type	Rate	Points	Term
DSCR ("Rental")	6.5% - 8%	0.5 - 2	30 year
Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")	10.75% - 12%	1 - 2	6 - 18 months

2221 Sullivan Rd, Augusta, GA 30901, USA

Photos of the property

DSCR ("Rental")

Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")

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