1258 Lyle Ave, Atlanta, 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 #: 7493108F
- Address: 1258 Lyle Ave
- City: Atlanta
- Zip: 30344
- County: Fulton
- Community Features: None
- Square Feet: 1098
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Other
- Rooms: Other
- Flooring: Other
- Kitchen Features: None
- Kitchen Appliances: Other
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: None
- Master Bath: None
- Dinning Room: None
- Laundry: None
- Other Equipment: None
- Patio/Porch Features: None
- Security Features: None
- Common Walls: No Common Walls
- Basement: None
- Parking: Driveway
- Lot Dimensions: x
- Lot Size Acres: 0.20
Available now at $220,000
- Type: Single Family
- Style: Bungalow,Other
- Levels: One
- Property Condition: Resale
- Road Type: Paved
- Cooling: Other
- Heating: Other
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: None
- Construction Materials: Other
- Roof Type: Other
- Other Structures: None
Neighborhood
The average asking price of a 4 bedroom Atlanta home in this zip code is
$348,055 (58.2% more than this home).
This home is priced at $200/sqft,
which is 14.1% 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:$2,706
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
(404) 735-7757 and speak with one of our real estate consultants.
Popular Homes
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9
0.0%
66.7%
105
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0.0%
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70
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$1,800,000
13
0.0%
46.2%
97
$3,570,522
$2,975,000
79
2.5%
32.9%
100
$689,294
$600,000
14
7.1%
42.9%
143
$361,401
$350,000
20
0.0%
45.0%
72
$436,731
$389,990
52
1.9%
42.3%
89
$374,810
$301,500
754
2.9%
44.6%
75
$451,333
$450,000
3
0.0%
66.7%
69
$1,214,279
$1,100,000
28
0.0%
35.7%
64
$497,452
$414,950
38
0.0%
52.6%
81
$301,063
$290,000
115
0.9%
37.4%
74
$421,353
$315,000
13
0.0%
46.2%
76
$430,025
$422,400
20
5.0%
35.0%
60
$714,061
$699,900
23
0.0%
34.8%
46
$595,000
$467,500
6
0.0%
33.3%
64
$530,285
$514,475
10
0.0%
50.0%
80
$1,568,612
$1,274,950
8
0.0%
37.5%
107
$415,556
$415,000
33
0.0%
51.5%
79
$457,565
$374,900
17
0.0%
17.6%
58
$885,887
$739,200
30
0.0%
43.3%
69
$1,992,557
$1,599,000
7
0.0%
14.3%
44
$1,295,688
$924,900
17
0.0%
23.5%
65
Listing Courtesy of Jweithersrealty, LLC.
For information or to schedule a viewing of this property (MLS# 7493108F), call: 404-735-7757
1258 Lyle Ave, Atlanta GA is a single family home of 1098 sqft and
is currently priced at $220,000
.
This single family home has 4 bedrooms.
A comparable home for sale at 1306 Winburn Dr in Atlanta is listed at $368,900.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Highwood Trace, Highwood Park and Amberleigh are nearby neighborhoods.
MLS 7493108F has been posted on this site since 12/3/2024 (today).
