364 Adelle St SE

Property Description

Excellent investment opportunity to flip or hold & generate substantial cash flow. CERTIFIED APPRAISED ARV value of $415,000. Perfect for house hacking. Zoned R4 and grandfathered in with two units with separate meters. Each side has 2 bedrooms and 1 bathroom. The seller has already completed some renovations, including roof repair, new soffits, exterior doors, and exterior painting, totaling $19,434. Large backyard and convenient to Lakewood Amphitheatre, Tyler Perry Studios, the Beltline, etc. There is an option to easily add a bedroom and bathroom to the enclosed porch, turning Unit A into 3/2, and Unit B into a 2/1, enabling an estimated ARV of approximately $450K. Please email the listing agent for additional information, including a copy of the appraisal report. Please complete all your due diligence before entering into a contract, as the seller will only accept offers with a 0 day due diligence period.