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912-289-7355
Georgiacoastal.com
500 Allendale Drive, Decatur, GA 30032
- $158,000
- 3
- BD
- 1
- BA
- 981
- SqFt
- Sold Price
- $158,000
- List Price
- $169,900
- Status
- CLOSED
- Days on Market
- 25
- Closing Date
- Mar 24, 2026
- MLS#
- 10687060
- Subtype
- Residential
- Style
- Ranch
- Year Built
- 1949
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 981
- Lot Size
- 10,890
- Acres
- 0.25
- Subdivision
- East Lake Terrace
Property Description
East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta's most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it's just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period.
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Additional Information
- Interior Features
- Roommate Plan
- Exterior Features
- Garden
- Property Description
- Ranch
- Flooring
- Hardwood, Tile
- Appliances
- Dishwasher, Range, Gas Water Heater
- Heating
- Central, Natural Gas, Forced Air
- Air Conditioning
- Central Air, Electric
- Stories
- 1 Story
- Levels
- One
- Parking
- Kitchen Level
- Elementary School
- Ronald E McNair
- High School
- Mcnair
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Listing courtesy of Keller Williams Realty. Selling Office: .
© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.