5883 Margaret Circle, Atlanta, GA 30349
- $162,000
- 3
- BD
- 2
- BA
- 1,132
- SqFt
- Sold Price
- $162,000
- List Price
- $159,900
- Days on Market
- 285
- Closing Date
- Mar 28, 2025
- MLS#
- 7394472
- Year Built
- 1966
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,132
- Lot Size
- 20,037
- Acres
- 0.46
Property Description
Welcome home to an exciting repair opportunity - includes a primary .46 acre lot and an additional 1.83 acre lot, totaling 2.26 acres. This large brick ranch features 3 bedrooms, 2 baths on a crawlspace, offering character and charm. The light, bright, and open ranch floor plan flows easily, but will need your attention to detail and sweat equity to bring it back to livable and lendable condition. The spacious main level living room gets plenty of natural light. The kitchen will need to be entirely rebuilt, though some cabinets remain - it's mostly a shell. The bedrooms are efficiently sized and will need cosmetic updates. The bathrooms are framed but offer a blank canvas for your decorating ideas. There's easy access to the large garage off the kitchen, where the laundry is located. Note that the main septic waste line in the bathrooms is cracked and blocked. The private, wooded, fenced backyard with a deck adds potential to the property, making it ideal for a rehab specialist. The location is very convenient with easy access to area amenities, schools, the airport, medical facilities, and major roads. Previously used as a rental, the seller has never occupied the property. It's being sold strictly "as is" with no disclosures, no survey, and no termite letter provided. Failed main waste septic system, kitchen and baths mainly a shell, Buyers have the right to an inspection, but closing cannot occur within 21 days of the binding date as the seller needs time to coordinate title and closing. Will Need Repairs to Be Lendable - Ideal rehab home for the experienced - Inspect, compare, and price for the area. ***MULTIPLE OFFERS RECEIVED - HIGHEST & BEST DUE 2/24/2025 @ 10AM - SEE DOCS FOR FORM***
Additional Information
- Taxes
- $1,306
- Property Description
- Ranch
- Interior Layout
- Entrance Foyer
- Interior Features
- Entrance Foyer
- Kitchen Features
- Breakfast Room, Cabinets White, Eat-in Kitchen
- Appliances
- Other
- Utilities
- Electricity Available, Natural Gas Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick, Vinyl Siding, Other
- Exterior Features
- Private Entrance, Private Yard
- Roof
- Composition
- Pool
- None
- Garage Spaces
- 2
- Elementary School
- Northcutt
- Middle School
- North Clayton
- High School
- North Clayton
Listing Courtesy Of Atlanta Communities, Contact:
Selling Office: Non FMLS Member.
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