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Featured Investment Property 

21.5 1 ft2

1689 Stratford Dr SW, Snellville, GA 30078 **Asking price 123K 2 beds 1.5 baths ...

$ 128,000

 

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(678) 304-9697

1689 Stratford Dr SW,
Snellville, GA 30078
**Asking price 123K
2 beds 1.5 baths 1,215 sqft
Lot size: 0.49 acres or 21,344 sqft

Larger lot size leaves plenty of room for expansion vertically or horizontally (forced appreciation).
Comes with nice sized residential shed in the back yard. The lot currently has a fenced off garden area to grow fruits and vegetables.

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The area is currently appreciating at 4.3% per year.

*Needs vinyl, tile, and carpet replacement in Kitchen and den areas. Wooden Patio in rear of the house needs to be refinished with new wood*
ARV 169,000

**Currently other rehabs taking place in the neighborhood. Could increase ARV higher in the neighborhood considerably**
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Brookwood High School is rated a 10 of 10
Alton C. Crews Middle is rated a 10 of 10
Craig Elementary is rated a 08 of 10
Excellent neighborhood for a family that includes school-aged children

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*Comps

1437 Raintree Dr, Snellville, GA, 30078
3 Bed 2 Bath 1544 sq ft. Sold: 6/22/2016 for $175K

1441 Willow Bend Dr, Snellville, GA, 30078
3 Bed 2 Bath 1933 sq ft. Sold: 05/06/2016 for $170K

1234 Heritage Hills Cir, Snellville, GA, 30078
4 Bed 2 Bath 1862 sq ft. Sold: 04/12/2016 for 162K

**Each ensuing sale in the area increases in sales price**

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