1258 Lyle Ave, East Point, GA 30344
$220,000
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Home Description
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.
- MLS #: 10421235G
- Address: 1258 Lyle Ave
- City: East Point
- Zip: 30344
- County: Fulton
- Community Features: None
- Square Feet: 1900
- Sq. Ft. Source: Public Records
- Interior of Property: Other
- Rooms: Other
- Flooring: Other
- Kitchen Appliances: Other
- Number Fireplaces: 0
- Laundry: Other
- Basement: None
- Parking: Parking Pad
Available now at $220,000
- Type: Single Family
- Style: Bungalow/Cottage
- Levels: One
- Property Condition: Resale
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Construction Materials: Other
- Roof Type: Other
- Fee Amount: Annually
- Association Fee Includes: Other
- Home Warranty: No
- : None None
Neighborhood
The average asking price of a 4 bedroom East Point home in this zip code is
$338,427 (53.8% more than this home).
This home is priced at $116/sqft,
which is 47.9% less than similar homes
in the 30344 zip code.
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School Information
- Elementary:Parklane
- Middle School:Paul D West
- High School:Tri Cities
Financial
- Approx Payment:$1,115*
- Taxes:$2,777
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(770) 298-4707 and speak with one of our real estate consultants.
Popular Homes
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9
0.0%
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96
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2961
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75
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21
0.0%
57.1%
66
$2,248,257
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23
0.0%
30.4%
101
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85
0.0%
31.8%
90
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13
7.7%
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142
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26
0.0%
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57
$442,044
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58
1.7%
44.8%
77
$397,368
$315,000
724
2.9%
48.2%
74
$449,250
$446,500
4
0.0%
75.0%
57
$1,182,596
$895,000
23
0.0%
43.5%
59
$520,500
$427,000
44
0.0%
52.3%
72
$420,972
$320,000
18
0.0%
33.3%
70
$415,719
$407,450
16
0.0%
37.5%
56
$727,390
$719,950
34
0.0%
32.4%
42
$889,222
$550,000
9
0.0%
55.6%
74
$532,646
$519,425
12
0.0%
41.7%
68
$1,496,544
$1,200,000
9
0.0%
33.3%
84
$415,273
$415,000
33
0.0%
45.5%
94
$499,853
$510,000
15
0.0%
33.3%
55
$802,374
$768,500
31
0.0%
51.6%
64
$1,745,357
$1,390,000
7
0.0%
42.9%
58
$1,394,446
$1,024,900
13
0.0%
38.5%
63
Listing Courtesy of JweithersRealty, LLC.
For information or to schedule a viewing of this property (MLS# 10421235G), call: 770 298 4707
1258 Lyle Ave, East Point GA is a single family home of 1900 sqft and
is currently priced at $220,000
.
This single family home has 4 bedrooms.
A comparable home for sale at 2267 Bryant Dr in East Point is listed at $325,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in East Point, GA.
Hayden, Highwood Trace and Sterling Village are nearby neighborhoods.
MLS 10421235G has been posted on this site since 12/3/2024 (today).