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4218 Oak Ridge DrJust Listed

4218 Oak Ridge Dr, Atlanta, GA 30315

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Beds
3
Baths
2
Sqft
1,420
Built
1958

About this deal

Solid brick ranch in an appreciating South Atlanta pocket. Cosmetic rehab, strong rental comps at $1,850/mo. Wholesale assignment — buyer pays $5k assignment fee at close.

Structure

Foundation
Crawl space — solid
Roof
Shingle — 8 yrs remaining
Occupancy
Vacant
Lot
0.28 ac

Systems

HVAC
Central, functional
Electrical
150 amp, updated 2015
Plumbing
Copper — good condition

Repair estimate

Est. rehab budget
$38,000
Repair category
Medium
Timeline
6–8 wks

Deal economics

Asking
$142,000
ARV
$245,000
Gross margin
$65,000 (27%)
All-in
$180,000