The Opportunity:This is a classic value-add play. We are selling 1324 Elizabeth Lane at a price that builds in a healthy profit margin for a savvy investor. The property requires a full rehab, allowing you to add value and force appreciation. Recent comparable sales on the same street and in the immediate area (within 0.2 miles) have closed between $299,000 - $360,000, with post-rehab price per sq/ft averaging $164+.

Property Details:

• Bedrooms: 4

• Bathrooms: 2

• Square Footage: 2,152

• Lot Size: 0.185 Acres

• Year Built: 1926

• Garage: Yes

• Basement: Yes (Additional SqFt potential)

Key Comps & Market Data (Pulled from CRS 8/20/25):

• 1420 Elizabeth Ln (0.20 mi away): Sold 5/13/25 for $299,000 ($144/sq ft). Similar size, condition, and location.

• 1306 Winburn Dr (0.73 mi away): Sold 2/28/25 for $360,000 ($203/sq ft). Smaller home (1,772 sq ft) in "Excellent" condition.

• 9-Property Comp Average: Indicates a strong market value in the $350k range for renovated properties in this area.

The Numbers Speak for Themselves:

• Asking Price: $200,000

• Estimated Rehab Cost: ~$50,000 - $70,000 (Full rehab, your cost may vary)

• Estimated ARV: $350,000+

• Estimated Gross Profit (Before holding costs): $80,000 - $100,000

Ideal For:

• The experienced flipper looking for a high-profit-margin project.

• The buy-and-hold investor wanting to force instant equity and secure a strong rental property.

Disclaimer:Property is being sold AS-IS. It needs a full interior and exterior rehab. All square footage, lot size, and comp data is deemed reliable but not guaranteed; buyer to verify all information. I am a licensed Georgia Real Estate Agent and will recieve a referral fee from the seller or can represent you in this transaction and negotiate on your behalf.

Next Steps:Serious cash buyers and investors only. Please reply to this listing for full property details and to schedule a viewing. Let's talk numbers.