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Key Details
Sold Price $44,250
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $47
MLS Listing ID 1503759
Sold Date 12/13/24
Style Ranch
Bedrooms 2
Full Baths 1
Originating Board Greater Chattanooga REALTORS®
Year Built 1927
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 67X150
Property Description
Attention investors and renovators! This 2-bedroom, 1-bathroom home at 607 Colerain St offers incredible potential in a quiet Lafayette neighborhood. The property is in need of a full renovation, with an estimated $70,000 in repairs. However, with an after-repair value (ARV) of $185,000, this fixer-upper presents a fantastic opportunity for a profitable flip or rental property.
The home is being sold as-is, and only cash buyers or those using hard money lending will be considered. If you're ready to roll up your sleeves and unlock the value of this property, don't miss out on this chance!
Owner and listing agent are married. Co-list agent is owner.
Location
State GA
County Walker
Area 0.23
Interior
Interior Features See Remarks
Heating None
Cooling None
Equipment None
Fireplace No
Window Features Wood Frames
Heat Source None
Laundry Laundry Closet
Exterior
Exterior Feature Private Yard
Parking Features Driveway, Gravel
Garage Description Driveway, Gravel
Pool None
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Front Porch
Garage No
Building
Lot Description Front Yard, Level
Faces 75 South to Cloud Springs Exit Turn right onto Cloud Springs Rd (GA-146 W). Go for 1.7 mi. Turn left onto Dietz Rd. Go for 2.3 mi. Continue on Burning Bush Rd. Go for 4.3 mi. Continue on Long Hollow Rd. Go for 3.3 mi. Turn right onto Kay Conley Rd. Go for 0.2 mi. Turn left onto Martha Berry Hwy (US-27). Go for 6.3 mi. Continue on N Main St (US-27-BR). Go for 2.6 mi. Turn right onto W Main St (GA-193). Go for 0.5 mi. Turn left onto Magnolia St. Go for 0.1 mi. Turn right on Colerain St.
Story One
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Ranch
Additional Building None
Structure Type Wood Siding
Schools
Elementary Schools Gilbert Elementary School
Middle Schools Lafayette Middle
High Schools Lafayette High
Others
Senior Community No
Tax ID 1045 047
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Agent Owned, Investor
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Jodi Newell
Realtor | License ID: GA 373648 TN 336487
Realtor License ID: GA 373648 TN 336487