1258 Lyle AVE Atlanta, GA 30344
UPDATED:
12/04/2024 01:40 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,098 sqft
Price per Sqft $200
MLS Listing ID 7493108
Style Bungalow,Other
Bedrooms 4
Full Baths 1
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1946
Annual Tax Amount $2,706
Tax Year 2024
Lot Size 8,664 Sqft
Acres 0.1989
Property Description
Property Highlights:
Consistent Cash Flow: Benefit from a stable rental income supported by a reliable rental assistance program.
Tenant Flexibility: The current tenant is cooperative and understands the lease concludes by the end of January 2025. She is open to staying if you prefer to maintain immediate rental income, or the property can be delivered vacant for your own plans.
Value-Add Potential: Originally purchased through foreclosure, presenting an opportunity for renovations to increase property value and maximize returns.
Strategic Location: Situated close to schools, shopping centers, and public transportation, enhancing its appeal to renters and future buyers alike.
Investment Options:
Maintain as Rental: Keep the existing tenant for uninterrupted income.
Vacant Possession: Property can be vacated by the end of January 2025, or sooner if under contract before December.
Renovate and Flip: Capitalize on the property's potential by undertaking renovations for a profitable resale.
Seller's Note:
We are seeking offers close to our asking price of $220,000. If a favorable sales price isn't secured, we plan to renovate and flip the property ourselves—highlighting the significant upside potential for investors looking to maximize returns.
Don't miss out on this versatile investment opportunity with multiple exit strategies.
Contact us today to learn more and schedule a viewing.
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Basement None
Main Level Bedrooms 4
Dining Room None
Interior
Interior Features Other
Heating Other
Cooling Other
Flooring Other
Fireplaces Type None
Window Features None
Appliance Other
Laundry None
Exterior
Exterior Feature None
Parking Features Driveway
Fence None
Pool None
Community Features None
Utilities Available Cable Available, Electricity Available
Waterfront Description None
View Other
Roof Type Other
Street Surface Paved
Accessibility None
Handicap Access None
Porch None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard
Story One
Foundation None
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Other
Level or Stories One
Structure Type Other
New Construction No
Construction Status Resale
Schools
Elementary Schools Parklane
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Restrictions false
Tax ID 14 013200110793
Special Listing Condition None
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