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1278 Plaza Ave SW

 Atlanta, GA 30310
Active
Status
$169,000
Listing Price
4
Beds
2
Baths
0
Partial Baths
1,363 Sq. Ft.
$123/Sq. Ft.
 

OVERVIEW

Attention Investors, Perfect opportunity to fix and flip or tear down, rebuild and flip. This is a Hot area for new construction, currently zoned for a duplex. Public records indicates duplex, but two separate structures. Several possibilities with this property. Property will need a complete rehab or tear down and rebuild.

West End in Beltline minutes from shopping!!

Option 1. renovate 2 separate structures as a duplex for rental income or to fix and flip Repairs about $140k in repairs, Potential Profit $96k

Option 2 tear down rebuild, divide lot to 2 separate duplexes. keep as rental or fix and flip Duplex Comp $405k Cost to build 2 units $200k each. Resell for $405k each, Potential profit $441k

Option 3 tear down rebuild divide lot rezone and build 2 separate SFR of at least 1759 SQ FT for cost to build $500k for both resell $600k each. Potential Profit $531k

Option 4, tear down rebuild do not subdivide lot, rebuild one SFR. cost to build $250k ARV $600k Potential Profit $181k
Days on Fizber:
53 Days
Source: Fizber.com
 

PROPERTY DETAILS:

PROPERTY BASIC INFORMATION:

Property Information:
  • Year Built:
    1950
  • Property Type:
    Duplex
  • Bedrooms:
    4
  • Full Bathrooms:
    2
  • Partial Bathrooms:
    0
  • Living Square Footage:
    1363
  • Lot Square Footage:
    6403
   
 

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Need Help? Contact a Pro

Agent photo
Agent Name:
Summer Steverson
Brokerage:
eXp Realty
Phone Number:
(678) 497-7270
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