Atlanta, GA 30318,257 E Simon Terrace
Atlanta, GA 30318,257 E Simon Terrace
Atlanta, GA 30318,257 E Simon Terrace
Atlanta, GA 30318,257 E Simon Terrace
Atlanta, GA 30318,257 E Simon Terrace
Atlanta, GA 30318,257 E Simon Terrace
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$205,000

$225,000

8.9%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

2,327 SqFt


SOLD DATE : 02/20/2024

Key Details

Sold Price $205,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,327 sqft

Price per Sqft $88

Subdivision Pyramid Association Inc.

MLS Listing ID 7298542

Sold Date 02/20/24

Style Ranch

Bedrooms 5

Full Baths 3

Construction Status Fixer

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1962

Annual Tax Amount $1,441

Tax Year 2022

Lot Size 0.297 Acres

Acres 0.297

Property Description

This is a amazing investment opportunity in historic collier heights!!. This is a single family red brick home with a full basement. It’s a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance . This will make the property more valuable on the retail side and sell faster to first time home buyers . The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants. Cash buyers only or seller preferred hard money lenders .
Take your contractor to view property - ZERO Due Diligence period

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Master on Main,Sitting Room

Other Rooms None

Basement Unfinished

Main Level Bedrooms 3

Dining Room Great Room

Interior

Interior Features Other

Heating Other

Cooling Attic Fan, Other

Flooring Other

Fireplaces Type None

Window Features None

Appliance Other

Laundry Other

Exterior

Exterior Feature Balcony

Garage None

Fence Back Yard

Pool None

Community Features Playground, Public Transportation, Other

Utilities Available Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View City, Other

Roof Type Tar/Gravel

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Parking Type None

Private Pool false

Building

Lot Description Back Yard, Cleared

Story One

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Brick 3 Sides

New Construction No

Construction Status Fixer

Schools

Elementary Schools Bazoline E. Usher/Collier Heights

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Restrictions false

Tax ID 14 020600060551

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Maximum One Greater Atlanta Realtors
Bought with LoKation Real Estate, LLC
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880 Holcomb Bridge Rd, Roswell, GA, 30076, United States

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