Primary listing photo
Listing photo 2

745 S Carter Dr, Jonesboro, GA, 30236

6beds
2baths
1,956sqft
$180,000
$92price/sqft
$1,392/moest. monthly cost
$55,680/yrincome needed

About This Home

A fixer-upper with multiple exit strategies. Fix and flip - there's real upside here with renovated houses selling for $280K. Buy, Renovate, Rent, Refinance, Repeat (BRRRR) - set this up for co-living and rent it for $5,000/month with over $1,000/month cash flow even after you pull out your equity with a refinance. Perfect for a handy owner-occupant looking to get some sweat equity. It needs work, but the spacious layout is ideal for an owner-occupant or investor. Only a quarter mile from public transportation, which is ideal for a rental. As a PadSplit/Coliving property it's set to perform at a 13% cap rate, and well over 20% cash-on-cash ROI. Reach out and we'll share the PadSplit financials. Please do all due diligence prior to submitting an offer.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

4/10
Kilpatrick Elementary SchoolGrades PK-50.6 mi
5/10
Jonesboro Middle SchoolGrades 6-82.3 mi
3/10
Jonesboro High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven/Range (Combo)
  • Laundry features: Laundry Closet

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Tile Bath,Roommate Plan,Separate Shower
  • Flooring: Carpet,Laminate,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,956
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,956
  • Total interior livable area: 1,956 sqft

Property

Details

  • Parcel number: 13178C F005
  • Special condition: As Is,Investor Owned

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Garden
  • Fencing: Chain Link,Back Yard

Lot

  • Lot size: 0.51 Acres
  • Features: Cul-De-Sac,Level

Parking

  • Total spaces: 2
  • Parking features: Kitchen Level