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PENDING!!! $175,000! Prime Decatur Investment! Flip or Hold! Solid 3BR in 30032 [1629 Sweetgum Hill]

$170,000 • 3 Beds / 2 Baths • 1,456 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 2
Year Built 1993
Approx.SqFt. 1456
Garage Attached Garage

Description

Investor Opportunity: 1629 Sweetgum Hill, Decatur, GA 30032

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Unlock the potential of this 3-bedroom, 2-bathroom, 1,456 sq ft single-family home in Decatur's 30032 ZIP code. Built in 1993, this property offers a solid foundation for investors aiming to fix and flip or hold as a rental.

Property Highlights:

Functional Layout: Spacious living area with a cozy fireplace, ideal for modern updates.
Additional Space: Partially finished basement provides room for expansion or storage.
Convenience: Attached garage and central HVAC system enhance tenant appeal.

Market Insights:

Median Home Values: The average home value in 30032 is approximately $253,751, with median sale prices around $262,150.
Rental Potential: Three-bedroom rentals in the area average between $1,800 and $2,000 per month.

Investment Potential:

Fix and Flip: With strategic renovations, this property could align with or exceed the area's median sale price, offering a profitable resale opportunity.
Buy and Hold: Given the strong rental demand in Decatur, holding this property could yield steady rental income and long-term appreciation.

Location Advantages:

Proximity to Atlanta: Approximately 20 minutes to downtown Atlanta, expanding your tenant pool.
Community Amenities: Close to schools, parks, and public transportation, enhancing tenant desirability.

This property presents a compelling opportunity for investors seeking to capitalize on Decatur's dynamic real estate market.