$160,000

An excellent opportunity with multiple exit strategies in the red hot West End/Oakland City/Venetian Hills area. Multiple Comps between $575K - $765k within 2.1 miles away-----Most recent sold comps are $700k that is 1.3 miles away that sold on 5/30/2023, it is 3,000 sq ft 4/3 and NO GARAGE and the other sold for $725k, it is 1.4 miles away that sold on 7/6/2023, it is 3,000 sq ft 4/4 and NO GARAGE-------------------------------------Either expand and build OR tear down and build from the ground up---------------------------- --------The property has already begun renovation stages, it has been gutted down to the studs and framing was started (vaulted ceiling, etc), widening of driveway, etc------The property is located less than 1.7 miles to Lee + White Development, Monday Night Brewery and the Westside Beltline with a proposed access Beltline Park entrance less than .5 miles away. It is located 3.7 miles from Mercedes Benz Stadium and 6.5 miles from Midtown Atlanta------------ Come build a 2,800 square foot, 5 bedroom with 4 full bathrooms with a rare 2 attached car garage. Please see architectural drawings and previously approved permit from City of Atlanta (save you a lot of time and money not having to do surveys, drawings, site plans and full permitting process)------------ Property is vacant, no lockbox required. Please enter at own risk (owner is not responsible for safety when entering property)-------------- Option #1 Savvy investors come build and flip with great gross profit margins between 33% - 45%------------ Option #2 Long term hold investors you can walk in with a large amount of equity and hold as an Airbnb that generates 6 figure cash flow------------- Option #3 Finding a 5 bedroom/4 bedroom w/attached 2 car garage intown for under $500k in almost impossible, but with this opportunity it is possible (plus you have a lot of equity)