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BEDS6
BATHS2 full
SQUARE FEET1,956
MLS#10688711
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSouthglen
NEIGHBORHOODJonesboro
Property Description
A fixer-upper with multiple exit strategies. Fix and flip - there's real upside here with renovated houses selling for $280K. Buy, Renovate, Rent, Refinance, Repeat (BRRRR) - set this up for co-living and rent it for $5,000/month with over $1,000/month cash flow even after you pull out your equity with a refinance. Perfect for a handy owner-occupant looking to get some sweat equity. It needs work, but the spacious layout is ideal for an owner-occupant or investor. Only a quarter mile from public transportation, which is ideal for a rental. As a PadSplit/Coliving property it's set to perform at a 13% cap rate, and well over 20% cash-on-cash ROI. Reach out and we'll share the PadSplit financials. Please do all due diligence prior to submitting an offer.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air, Electric
Garage: 2
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.51 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,843
Year Built: 1972
Feature Descriptions
Amenities: Park, Street Lights, Near Public Transport, Near Shopping
Appliances: Range
Days on Site: 20
Exterior: Garden
Exterior: Brick, Wood Siding
Fencing: Chain Link, Back Yard
Flooring: Carpet, Laminate, Tile
Foundation: Slab
Interior: Tile Bath, Roommate Plan, Separate Shower
Parking Notes: Kitchen Level
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Topography: Cul-De-Sac, Level
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, High Speed Internet, Sewer Connected
Water: Public
Local Schools
High School: Jonesboro
Middle School: Jonesboro
Elementary School: Kilpatrick
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-564-5560
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 606.69 per month $400.60 Principal & Interest $153.58 Property Tax $52.50 Homeowner's Insurance
745 S Carter Drive | MLS# 10688711
This single family home located at 745 S Carter Drive, Jonesboro, GA 30236 is currently listed for sale with an asking price of $180,000. This property was built in 1972 and has 6 bedrooms and 2 full baths with 1956 sq. ft. S Carter Drive is located in the Southglen subdivision. Search Southglen real estate on www.clcommercialrealestate.com today.