2740 Norma Active Save Request In-Person Tour Request Virtual Tour
Decatur,GA 30034
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type Residential
Subdivision Oak Forest
MLS Listing ID 10426657
Style Brick 4 Side,Ranch
Bedrooms 3
Full Baths 1
Year Built 1956
Annual Tax Amount $138
Tax Year 2024
Lot Size 0.820 Acres
Property Description
******Great investment opportunity**** Near Gresham Park, Downtown Decatur! 4 Sided brick house that can be converted in TWO full units!!! CERTIFIED ARV APPRAISAL value at 330k to 340k.$$! SellerCOs licensed general contractor bid 75k to renovate upstairs into a 3/2 and down stairs into a 2/1 apartment. This would be considered a duplex layout! Post renovations, thatCOs $50,000-$70,000 Built in EQUITY to turn into a CASH FLOW Property. $2,000.00 upstairs and $1,500.00 downstairs (completely separate unit). Seller has floor plans . Also a perfect fit for an owner occupant home buyer with a FHA RENOVATION (203) loan. Ask listing agent for details. A owner occupant could live upstairs and rent out the downstairs apartment. The property needs a cosmetic uplift above ground and a full apartment renovation in the basement. HVAC system and roof in good condition. seller is firm on price. Seller will not entertain low offers . No wholesalers!! this deal wonCOt last long !! Growing and appreciating area! easy access to shops, restaurants, parks, and schools. Near major highways like I-285 and I-20
Location
State GA
County Dekalb
Interior
Heating Other
Cooling Other
Flooring Hardwood
Laundry Other
Exterior
Parking Features Carport
Community Features None
Utilities Available Other
View Y/N No
Roof Type Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Flat Shoals
Middle Schools Mcnair
High Schools Mcnair
Others
Special Listing Condition Resale