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If you have any questions or need more detailed information, please feel free to contact us via phone at 404.630.3187 or fill out the form to let us know how we can help with your real estate needs.

Office Location 695 Mansell Rd, Suite 120
Roswell, GA 30076
Phone: (404) 630.3187
Fax: (404) 704.0214

Unbelievable Deal for an Investor in Alpharetta Under $120,000

Posted by Ryan Ward on Tuesday, January 27th, 2009 at 1:53pm.

$118,900 in AlpharettaYou want a deal? This is a deal. It will be gone within the week. It's on the market for $118,900. This is the type of property that could turn a positive cash flow in 60 days if you are skilled investor. It needs paint and it needs carpet, but, it seems like a pretty decent house.

The school districts are very good; Northwood Elementary, Haynes Bridge Middle and Centennial High. It's a 3 bedroom 2 bath home with a fenced backyard on a little side street located off of Haynes Bridge Rd. This is the type of property that sold for mid $160's last year and will be there again before long. In the meantime, it would be a great investment property that should net positive rents immediately and possibly a ridiculous return on your investment if the market turns - even if it takes 2-3 years to do so.

Here are a Few More Photos

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The property has aluminum siding which, is better than the vinyl on many of the other houses in the neighborhood because you can at least paint it and it's a completely level lot. The biggest functional drawback is that the home only has a one car garage but a long enough driveway to park another car in front of the garage and off of the street.

Call me if you want to go see this house and I'll see if I can help you crunch some numbers to see if you can make it work. It's a great deal and it really will go fast. As with many homes we talk about, this one is not my listing. It's listed with Keller Williams. You can see the full details of the property here.

Any questions? Leave a comment or if you prefer, fill out the contact form in the top right of the page. My number is 404.630.3187. I've sold several homes in this neighborhood over the years and I know exactly what this home is worth. Call me and lets go see it. As of 3:00 p.m. and according to the listing agent and the REO service, this home has no offers. Move quickly.

 


Hi, and welcome to our Atlanta real estate blog. Whether you are a consumer, journalist or another real estate professional please feel free to share your thoughts by leaving a comment. You will find relevant local and national real estate information as well as market statistics, insight and information about various neighborhoods and listings. If you would like more information about something in particular, please use the contact form and I will be glad to help.

Ryan Ward, Principal
Premier Atlanta Real Estate
Phone: 404.630.3187

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1 Response to "Unbelievable Deal for an Investor in Alpharetta Under $120,000"

Foreclosures We Followed - Where are They Now? wrote:
[...]foreclosure deals in Roswell and Alpharetta. One is a foreclosure in Glen Abbey, one is a great investment property in Berkshire Manor and another is a large home with a pool in Brookfield Country Club. The purpose of all three[...]

Posted on Saturday, May 9th, 2009 at 9:31 AM.



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