2740 Norma Circle, Decatur, GA 30034

$169,000 Asking Price

3 beds
1 bath
994  sqft
Built in 1956

******Great investment opportunity**** Near Gresham Park, Downtown Decatur! 4 Sided brick house that can be converted in TWO full units!!! CERTIFIED ARV APPRAISAL value at 330k to 340k.$$! Seller’s licensed general contractor bid 75k to renovate upstairs into a 3/2 and down stairs into a 2/1 apartment. This would be considered a duplex layout! Post renovations, that’s $50,000-$70,000 Built in EQUITY to turn into a CASH FLOW Property. $2,000.00 upstairs and $1,500.00 downstairs (completely separate unit). Seller has floor plans . Also a perfect fit for an owner occupant home buyer with a FHA RENOVATION (203) loan. Ask listing agent for details. A owner occupant could live upstairs and rent out the downstairs apartment. The property needs a cosmetic uplift above ground and a full apartment renovation in the basement. HVAC system and roof in good condition. seller is firm on price. Seller will not entertain low offers . No wholesalers!! this deal won’t last long !! Growing and appreciating area! easy access to shops, restaurants, parks, and schools. Near major highways like I-285 and I-20

Features & Amenities

Interior

General:
Other
Rooms:
Other
Appliances:
Other
Laundry:
Other
Basement:
Unfinished
Flooring:
Hardwood
A/C:
Other
Heating:
Other
Fireplace:
Fireplaces: 0
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
None
Style:
Ranch
Pool:
None
Parking:
Carport

Construction

Roofing:
Shingle
Windows:
None
General:
Brick 4 Sides, One

Location

Road/Access:
Other
Originating MLS:
First Multiple Listing Service
County:
Dekalb - GA

Lot

Zoning:
NA, 15 118 05 006
View:
Trees/Woods
Fencing:
None

Utilities

Utilities:
Other, Other
Water:
Public
Sewer:
Public Sewer

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
Keller Williams Realty Atl North, Shariqa Hydary

About Decatur, GA

Housing

Number of Units
83,220
Median Home Value
$264,217
Median Rent
$964

44.30% of housing units are renter occupied.

9.55% are vacant.

Commute

Car
58.40%
Public Transportation
6.82%
Walk to Work
1.58%
Work from Home
31.94%
Other
0.96%

The median travel time to work is 24 minutes.

People

Population
178,311
Median Age
39.00
Median Household Size
2.52

Education

High School
24.37%
Associate’s Degree
7.30%
Bachelor’s Degree
22.62%
Graduate Degree
19.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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