1258 Lyle Avenue
East Point, GA 30344
- 4 beds
- 2 baths
- 1,900 sqft
- 8,668 sqft lot
- $115 per sqft
- 1946 build
- – on site
Unlock the potential of this 3-bedroom, 2-bathroom single-family home located in the heart of East Point. Currently rented at $1,600 per month, with $1,587 contributed by a dependable rental assistance program, this property offers a solid return on investment from day one. Property Highlights: Consistent Cash Flow: Benefit from a stable rental income supported by a reliable rental assistance program. Tenant Flexibility: The current tenant is cooperative and understands the lease concludes by the end of January 2025. She is open to staying if you prefer to maintain immediate rental income, or the property can be delivered vacant for your own plans. Value-Add Potential: Originally purchased through foreclosure, presenting an opportunity for renovations to increase property value and maximize returns. Strategic Location: Situated close to schools, shopping centers, and public transportation, enhancing its appeal to renters and future buyers alike. Investment Options: Maintain as Rental: Keep the existing tenant for uninterrupted income. Vacant Possession: Property can be vacated by the end of January 2025, or sooner if under contract before December. Renovate and Flip: Capitalize on the property's potential by undertaking renovations for a profitable resale. Seller's Note: We are seeking offers close to our asking price of $220,000. If a favorable sales price isn't secured, we plan to renovate and flip the property ourselves-highlighting the significant upside potential for investors looking to maximize returns. Don't miss out on this versatile investment opportunity with multiple exit strategies. Contact us today to learn more and schedule a viewing.
Last checked:
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Last updated Dec 17, 2024
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MLS# 10421235 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1946
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Construction Materials:Other
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Architectural Style:Bungalow/Cottage
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Structure Type:Other
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Roof:Other
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Levels:One
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Basement:None
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Total Finished Area:1900
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Above Grade Finished:1900
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Living Area Source:Public Records
Interior
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Rooms:Other
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Interior Features:Other
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Flooring:Other
Financial & Terms
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Home Warranty:No
Location
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Latitude:33.676508
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Longitude:-84.429959
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Other
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Lot Size Acres:0.199
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Lot Size Source:Public Records
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Parcel Number:14 013200110793
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Leased Land:No
Listing Agent
- Contact info:
- Agent phone:
- (404) 626-3547
- Office phone:
- (404) 626-3547
Taxes
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Tax Year:2022
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Tax Annual Amount:$2,776.86
Beds
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Bedrooms:4
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Bed Main:4
Baths
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Full Baths:2
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Main Level Full Baths:2
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Other
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Laundry Features:Other
Schools
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Elementary School:Parklane
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Middle School:Paul D West
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High School:Tri Cities
The Community
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Subdivision:None
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Community Features:None
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Association:No
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Association Fee Includes:Other
Parking
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Parking Features:Parking Pad
Monthly cost estimate
Asking price
$220,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,178
|
| Taxes | $231 |
| Insurance | $60 |
| Utilities | $198 See report |
| Total | $1,667/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/3/24
Dec 3, 2024
|
Listed / Active | GAMLS | $220,000 | 340.0% (46.7% / YR) |
|
8/25/17
Aug 25, 2017
|
FMLS | $50,000 |
