2740 Norma CIR Active Save Request In-Person Tour Request Virtual Tour
Decatur,GA 30034
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 994 sqft
Price per Sqft $170
Subdivision Oak Forest
MLS Listing ID 7497584
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1956
Annual Tax Amount $138
Tax Year 2024
Lot Size 0.820 Acres
Property Description
******Great investment opportunity**** Near Gresham Park, Downtown Decatur! 4 Sided brick house that can be converted in TWO full units!!! CERTIFIED ARV APPRAISAL value at 330k to 340k.$$! Seller's licensed general contractor bid 75k to renovate upstairs into a 3/2 and down stairs into a 2/1 apartment. This would be considered a duplex layout! Post renovations, that's $50,000-$70,000 Built in EQUITY to turn into a CASH FLOW Property. $2,000.00 upstairs and $1,500.00 downstairs (completely separate unit). Seller has floor plans . Also a perfect fit for an owner occupant home buyer with a FHA RENOVATION (203) loan. Ask listing agent for details. A owner occupant could live upstairs and rent out the downstairs apartment. The property needs a cosmetic uplift above ground and a full apartment renovation in the basement. HVAC system and roof in good condition. seller is firm on price. Seller will not entertain low offers . No wholesalers!! this deal won't last long !! Growing and appreciating area! easy access to shops, restaurants, parks, and schools. Near major highways like I-285 and I-20
Location
State GA
County Dekalb
Rooms
Other Rooms None
Dining Room Other
Interior
Heating Other
Cooling Other
Flooring Hardwood
Fireplaces Type None
Laundry Other
Exterior
Exterior Feature None
Parking Features Carport
Fence None
Pool None
Community Features None
Utilities Available Other
Waterfront Description None
View Trees/Woods
Roof Type Shingle
Building
Lot Description Other
Story One
Foundation None
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides
New Construction No
Schools
Elementary Schools Flat Shoals - Dekalb
Middle Schools Mcnair - Dekalb
High Schools Mcnair
Others
Special Listing Condition None