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 .
Take your contractor to view property – ZERO Due Diligence period