2996 Palm Drive
2996 Palm Drive, East Point, GA 30344
$80,000
962 SF
$80,000
Residential Income
Single-Unit (SFR/ Condo)
Investment
10%
0.16 AC
-
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Last Verified 7/21/2010
Listing ID 16477993
Description
Square Footage: 962
Lot: 0.16 Acres
2 Bedrooms, 1 Bathroom
*10 Year Average Cash on Cash: 23.2%
*10 Year Average Yield: 27.5%
Section 8 Approved, Government Guaranteed Rent
Monthly Rent: $800
Asking Price: $80,000
1) Removed mold presence in home
2) Paint entire interior and exterior
3) Rebuilt storage roof
4) Replaced damaged siding in back of house
5) Installed new layer of sheeting on back side of roof
6) Rolled on flat roof ice and water shield with roll on shingle on top
7) Reinstalled water heater correctly
8) Replaced 100 amp service panel
9) Rewired 220 stove
10) Gut out bath repaired drywall, sprayed tub and surround, replaced vanity, new tub hardware, new bath hardware, new faucet
11) Refinished cabinets
12) Replaced kitchen faucet
13) Buffed and recoated hardwood floor
14) Serviced hvac system, replaced thermostat
15) Built crawl space access door with lock
16) Replaced master bath toilet
17) Replaced master bath vanity
18) Built new handrail around front porch
19) Replaced 95% of windows in house
20) Replace all outlets
21) Replaced kitchen ceiling
22) Replaced vent a hood over stove
23) New fridge
24) New electric stove
Located in East Point, GA
Actual
$8,000
Commercial property information by LoopNet
Map of 2996 Palm Drive, East Point, GA 30344 (Fulton County)
Created 11/19/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.