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745 S Carter DR Jonesboro, GA 30236
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Key Details
Sold Price $140,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $71
Subdivision Southglen
MLS Listing ID 10789509
Style Traditional
Bedrooms 6
Full Baths 2
Year Built 1972
Annual Tax Amount $1,843
Tax Year 2025
Lot Size 0.510 Acres
Property Sub-Type Single Family Residence
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.
Location
State GA
County Clayton
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Laminate, Tile
Laundry Laundry Closet
Exterior
Exterior Feature Garden
Parking Features Kitchen Level
Garage Spaces 2.0
Fence Chain Link, Back Yard
Community Features Park, Street Lights, Near Public Transport, Near Shopping
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, High Speed Internet, Sewer Connected
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Level
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools Kilpatrick
Middle Schools Jonesboro
High Schools Jonesboro
Others
Acceptable Financing Cash, 1031 Exchange, Other
Listing Terms Cash, 1031 Exchange, Other
Special Listing Condition Fixer
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