Atlanta, GA 30311,1288 Westmont RD SW
Atlanta, GA 30311,1288 Westmont RD SW
Atlanta, GA 30311,1288 Westmont RD SW
Atlanta, GA 30311,1288 Westmont RD SW
Atlanta, GA 30311,1288 Westmont RD SW
Atlanta, GA 30311,1288 Westmont RD SW
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$150,000

$160,000

6.3%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

1,080 SqFt


SOLD DATE : 12/15/2023

Key Details

Sold Price $150,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $138

Subdivision Oakland City

MLS Listing ID 7250918

Sold Date 12/15/23

Style Bungalow

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1948

Annual Tax Amount $1,834

Tax Year 2022

Lot Size 7,501 Sqft

Acres 0.1722

Property Description

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----The two most recent comps sold on 5/30/2023 for $700k with 2,980 sq ft, no garage, 1.8 miles away & the second most recent comp sold on 7/06/2023 for $725k with 3,008 sq ft with no garage, 1.4 miles away.

--------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. Seller will provide architectural drawings and previously approved permit from City of Atlanta upon accepted/binding contract (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)------

Seller will ONLY consider Cash Offers, no assignments or Hard Money Backed Loan Offers etc---------Please do your due diligence prior to submitting offer (0 Day Due Diligence will get more consideration)

Property is vacant, go and show.

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Basement Crawl Space

Main Level Bedrooms 3

Dining Room None

Interior

Interior Features Vaulted Ceiling(s)

Heating None

Cooling None

Flooring None

Fireplaces Number 1

Fireplaces Type None

Window Features None

Appliance Other

Laundry None

Exterior

Exterior Feature Private Rear Entry

Parking Features Driveway

Fence None

Pool None

Community Features None

Utilities Available None

Waterfront Description None

View Trees/Woods, Other

Roof Type Composition

Street Surface Concrete

Accessibility None

Handicap Access None

Porch Front Porch

Private Pool false

Building

Lot Description Back Yard

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Finch

Middle Schools Sylvan Hills

High Schools G.W. Carver

Others

Senior Community no

Restrictions false

Tax ID 14 013700010451

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by HomeSmart
Bought with BHGRE Metro Brokers

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Anitra Pope

Agent | License ID: 1646593

+1(678) 829-7718 | anitra@adprealtygroup.com

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