3469 Mark Place NW, Atlanta, GA 30331

$155,000
3
BD
1
BA
1,100
SqFt

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Sold Price
$155,000
List Price
$159,000
Days on Market
28
Closing Date
Feb 14, 2025
MLS#
10431283
Year Built
1970
Bedrooms
3
Bathrooms
1
Living Area
1,100
Lot Size
7,797
Acres
0.18

Property Description

This 4-sided brick single-family home, located in a quiet and friendly neighborhood, is a rare find for seasoned investors looking for significant profit potential. With an ARV certified appraisal of $365,000, this property offers $100,000 in built-in equity post-renovation, making it a prime fix-and-flip or long-term rental opportunity. The seller, a licensed general contractor, has provided a $90,000 renovation bid to transform the upstairs into a 3-bed, 2-bath unit and the basement into a 2-bed, 1-bath apartment with a completely separate entrance, creating a duplex-style layout. Post-renovation, this property becomes a cash flow machine, with projected rents of $2,000/month for the upstairs unit and $1,350/month for the basement apartment, generating $3,350/month in total rental income. For investors pursuing a BRRRR strategy or homeowners seeking additional income, this is an ideal opportunity. The property requires only a cosmetic uplift above ground and a full renovation of the basement apartment. Located in a growing, appreciating area with easy access to major highways like I-285, this property is close to schools, parks, shops, and restaurants, adding to its long-term value. This deal is exclusively for serious buyers-no wholesalers or low-ball offers will be entertained. The floor plans are ready, the location is unbeatable, and the numbers make sense. Contact us today to secure this high-ROI investment before it's gone.

Additional Information

Property Description
Brick 4 Side
Interior Features
Walk-In Closet(s)
Appliances
Other
Utilities
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Underground Utilities
Heating
Central, Electric, Natural Gas
Air Conditioning
Ceiling Fan(s), Central Air
Elementary School
Harper-Archer
High School
Banneker

Listing Courtesy Of Maximum One Grt. Atl. REALTORS, Contact:

Selling Office: .

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