This 3 bedroom, 1 bath home was built in 1940, it's not in a subdivision, it sits on less than 1/2 acre, and it has a deck/patio. It has "private" water, which means it's likely on a well, folks. Can be good, can be bad. One of my little ones is on a well, and the pro is my tenants don't have a water bill, but the con is sometimes water pressure is not so good (especially if there's digging going on in the area).
For 5K, it's worth a peek. The address is as such: 2998 GRAND AVENUE, ATLANTA 30315
The agent's contact info is:
Agent: Mike Prewett
Phone: 770-642-9494
Office: SOUTHERN REO ASSOCIATES, LLC
Address: 1000 HOLCOMB WOODS PARKWAY, ROSWELL
Office: 770-642-9494
If you put down 1K (20%), and opted to carry a mortgage for 30 years at, say, 6.5%, you'd be looking at a $25 bucks per month mortgage payment.
Many wishes of great success with this one. It may need some spit-shining, but for 5K, you can't go wrong. If you don't have the rehab cash, simply buy, hold and board.
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