Investment Opportunity · Douglasville, GA

3606 Sullivan Dr

Douglasville, GA 30135 · MLS 7830456

List price
$135,000
3 bd / 2 ba
Bedrooms / baths
2,351 sq ft
Living area
1973
Year built
20,909 sq ft
Lot

"PRICE REDUCED! NOT YOUR AVERAGE FIXER! Can be 6 bed/3 baths after rehab. Currently a spacious 3 bed 2 bath brick ranch with a 2-car garage, on a huge daylight basement that can be finished with another 2-3 bed and a bath. Nice location on a quiet street in Douglasville only 5 min from I-20. Fire damage only affected the right wing with garage and living area, but the left wing with the bedrooms and baths was spared. All cleaned out! All pesonal belongings and trash removed! All overgrown vegetation removed! The property is clean and ready for renovation. The spacious bedrooms show hardwood floors. The master has its own bath w/shower, plus there's another full bath in the hallway. Two brick fireplaces, one on main level and one in basement. The huge walk out basement is 8' tall with windows and offers over 1,000 sq.ft. ready to be finished. Cash only sale."

Listed by Alexander Propp Drake Realty of GA, Inc. (770) 565-2044

From the listing. PRICE REDUCED! NOT YOUR AVERAGE FIXER! Can be 6 bed/3 baths after rehab. Currently a spacious 3 bed 2 bath brick ranch with a 2-car garage, on a huge daylight basement that can be finished with another 2-3 bed and a bath. Fire damage only affected the right wing with garage and living area, but the left wing with the bedrooms and baths was spared. All cleaned out! The property is clean and ready for renovation. The huge walk out basement is 8 tall with windows and offers over 1,000 sq.ft. ready to be finished. Cash only sale.

01 - Price This Property

What you qualify for on 3606 Sullivan Dr.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $135,000
State GA

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Alexander Propp, Drake Realty of GA, Inc. ((770) 565-2044). To see it or make an offer, contact Alexander directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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