This is a fully renovated 3 bedroom, 1.5 bath, 1080 sq. ft. property. It has carpet/ceramic tiled floors, fenced backyard, and an enclosed glass sun room (new square footage not noted in tax records ~300 sq. ft.). Section 8 tenant in the property with a monthly rent of $677 with a pending increase request to $702. Property is in great condition with no repairs needed. There's an upside potential on rent with the market rent close to $800 (per rentometer).Rent: $677/month = $8,124Tax: $900 (estimated)Insurance: $500 (estimated)Net Income: $6,724Net CAP: $6,724/55,000 = 12%Looking for a cash buyer who can close within 2 weeks or less. Please do not disturb the tenant.
Off market
$179,600
60 Drew Ct, Jonesboro, GA 30238
3beds
1baths
1,080sqft
SingleFamily
Built in 1973
-- sqft lot
$179,600 Zestimate®
$166/sqft
$1,529 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1.5
Heating
- Other
Interior area
- Total interior livable area: 1,080 sqft
Property
Details
- Parcel number: 05236BC026
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1973
Community & neighborhood
Location
- Region: Jonesboro
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$179,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$179,600