$125K Decatur Deal with Massive Upside — Add a Bath, Double the Value!

3 Beds / 1 Baths • 1,000 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1959
  • 1000
  • 1000
  • Attached Garage

Description

Property Address:

4064 Canby Ln, Decatur, GA 30035

Property Overview:

Description: Single-family home offering approximately 1,000 sq ft with 3 bedrooms and 1 bathroom, plumbed for an easy second bath addition. Solid layout with strong value-add potential in an active Decatur market.

Condition: Light to moderate rehab

Occupancy: Vacant

Deal Details:

Deal Type: Fix & Flip / Rental / BRRRR

Asking Price: $125,000

ARV (After Repair Value): ~$250,000

Comparable Sales:

Comp 1: 4251 Canby Ln — Sold for $300,000

Comp 2: 4257 Canby Ln — Sold for $259,900

Comp 3: 4132 Canby Ln — 2/1, ~1,000 sq ft, Sold AS-IS for $142,000

Property Condition:

HVAC: 10 years old

Roof: Brand new

Foundation / Plumbing / Electrical: New drainage line installed; plumbing updates needed (easy crawl space access); no major structural issues noted

Additional Notes:

Interior is dated but solid. Layout supports an easy second bathroom addition, which significantly improves ARV. No major roof or structural concerns. Estimated rehab is $45,000–$50,000.

Closing Info:

Closing Date: TBD

Buyer Responsibilities: Buyer to pay all closing costs

Estimated Spread

  • ARV $250,000
  • Price $125,000
  • Spread $125,000

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