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About This Home
This 6-bedroom, 2-bathroom single family at 745 S Carter Drive in Jonesboro, GA is listed for $180,000. Built in 1972, on a 0.51 acres lot.
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.
Key Features
- Built in 1972
- 0.51 acre lot
- 2 stories
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$963/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
745 S Carter Drive
Jonesboro, GA 30236
Southglen
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 2-bathroom single family at 745 S Carter Drive is listed at $180,000. The estimated monthly payment is $780 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 0.51 acre lot, 2 stories, 2 parking spaces. Interior Features: Crown Molding, Entrance Foyer. Exterior Features: Garden, Private Entrance, Rain Gutters.
This property is listed by Josh Stanton and can be reached at (404) 564-5560 or josh@stanton.team.
