This 2/1.5 townhouse needs work and has great rental potential! Do the repairs and find a tenant to realize a potential 17% CAP RATE! AS-IS Price for Townhouse - $12,500.00. Rehab Estimate - $15,000.00. ALL IN FOR $27,500.00. Rents: $700. Annual Taxes: $400. Annual Insurance: $500. Vacancy: 8.35%. Management: 8%. Monthly HOA: $220. NOI: $4,745,55. CAP RATE: 17%. OR, Rehab and Lease Option to Tenant Buyer for $40,000+
Off market
$101,900
6424 Stone Way, Morrow, GA 30260
2beds
1baths
1,224sqft
Townhouse
Built in 1972
-- sqft lot
$101,900 Zestimate®
$83/sqft
$1,453 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1.5
Heating
- Other
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,224 sqft
Property
Details
- Parcel number: 12114CA002N03
Construction
Type & style
- Home type: Townhouse
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1972
Community & neighborhood
Location
- Region: Morrow
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Estimated market value
$101,900