An excellent opportunity with multiple exit strategies in the red hot West End/Oakland City/Venetian Hills area. Multiple Comps between $575K - $765k within 2.1 miles away-----Most recent sold comps are $700k that is 1.3 miles away that sold on 5/30/2023, it is 3,000 sq ft 4/3 and NO GARAGE and the other sold for $725k, it is 1.4 miles away that sold on 7/6/2023, it is 3,000 sq ft 4/4 and NO GARAGE-------------------------------------Either expand and build OR tear down and build from the ground up---------------------------- --------The property has already begun renovation stages, it has been gutted down to the studs and framing was started (vaulted ceiling, etc), widening of driveway, etc------The property is located less than 1.7 miles to Lee + White Development, Monday Night Brewery and the Westside Beltline with a proposed access Beltline Park entrance less than .5 miles away. It is located 3.7 miles from Mercedes Benz Stadium and 6.5 miles from Midtown Atlanta------------ Come build a 2,800 square foot, 5 bedroom with 4 full bathrooms with a rare 2 attached car garage. Please see architectural drawings and previously approved permit from City of Atlanta (save you a lot of time and money not having to do surveys, drawings, site plans and full permitting process)------------ Property is vacant, no lockbox required. Please enter at own risk (owner is not responsible for safety when entering property)-------------- Option #1 Savvy investors come build and flip with great gross profit margins between 33% - 45%------------ Option #2 Long term hold investors you can walk in with a large amount of equity and hold as an Airbnb that generates 6 figure cash flow------------- Option #3 Finding a 5 bedroom/4 bedroom w/attached 2 car garage intown for under $500k in almost impossible, but with this opportunity it is possible (plus you have a lot of equity)
Closed
$116,588
1288 Westmont Rd SW, Atlanta, GA 30311
3beds
1,080sqft
Single Family Residence
Built in 1948
7,405 sqft lot
$137,000 Zestimate®
$108/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 04, 2024 at 08:22am
Listed by:
Roland Kier 678-350-6668,
HomeSmart
Bought with:
Thelma Cheeks, 395470
BHGRE Metro Brokers
Source: GAMLS,MLS#: 20137264

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Heating
- None
Cooling
- None
Appliances
- Included: None
- Laundry: None, Other
Features
- Other
- Flooring: Other
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
- Finished area above ground: 1,080
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Pad, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 sqft
- Features: City Lot, None
Details
- Parcel number: 14 013700010451
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Press Board, Stone, Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, None, Sewer Connected, Sewer Available, Phone Available, Cable Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: Oakland City
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
Services availability

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