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(770) 298-4707

(770) 298-4707

1258 Lyle Ave, East Point, GA 30344

$220,000

Gray brick house with a well-maintained lawn at 1258 Lyle Ave, East Point, GA 30344
  • Bedrooms

    4

  • Baths

    2

  • Full Baths

    2

  • Year Built

    1946

  • Days On Market

    2

  • Half Baths

    0

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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
  • Water Source: Public
  • Interior of Property: Other
  • Rooms: Other
  • Flooring: Other
  • Kitchen Appliances: Other
  • Number Fireplaces: 0
  • Laundry: Other
  • Basement: None
  • Parking: Parking Pad
  • Lot Size Acres: 0.20

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
  • Tax Year: 2022
  • 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.

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).

2024

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