363 Church, Bronwood, GA 39826

$155,000
3
BD
1
BA

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List Price
$155,000
Status
ACTIVE
Days on Market
33
MLS#
10794942
Subtype
Residential
Style
Contemporary
Year Built
1970
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
87,120
Acres
2
Subdivision
none

Property Description

The property consists of 2 level acres with three houses, making it well suited for a BRRRR strategy. After acquiring the property, each house is rehabilitated to increase its market value and rental appeal. Once renovated, the homes are leased to tenants, generating rental income. The improved value and stabilized cash flow can then support a cash-out refinance, allowing the investor to recover much or all of the initial capital while retaining ownership of the income-producing assets. The refinanced proceeds can be used to fund future acquisitions, repeating the process over time.

Additional Information

Interior Features
Other
Property Description
Contemporary
Flooring
Other
Appliances
Other
Heating
Electric
Air Conditioning
Electric
Stories
1 Story
Levels
One
Parking
Off Street, Over 1 Space per Unit
Elementary School
Cooper Carver
High School
Terrell

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Johnson Real Estate Agency.

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