745 S Carter Drive, Jonesboro, GA 30236
- $140,000
- 6
- BD
- 2
- BA
- Sold Price
- $140,000
- List Price
- $170,000
- Closing Date
- Jul 10, 2026
- MLS#
- 7791462
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 2
- Lot Size
- 0.51
- Subdivision
- Southglen
- Basement Description
- None
Property Description
A fixer-upper with multiple exit strategies. Fix and flip - there's real upside here with renovated houses selling for $280K. Buy, Renovate, Rent, Refinance, Repeat (BRRRR) - set this up for co-living and rent it for $5,000/month with over $1,000/month cash flow even after you pull out your equity with a refinance. Perfect for a handy owner-occupant looking to get some sweat equity. It needs work, but the spacious layout is ideal for an owner-occupant or investor. Only a quarter mile from public transportation, which is ideal for a rental. As a PadSplit/Coliving property it's set to perform at a 13% cap rate, and well over 20% cash-on-cash ROI. Reach out and we'll share the PadSplit financials. Please do all due diligence prior to submitting an offer.
Additional Information
- Style
- Traditional
- Stories
- One and One Half
- Construction
- Frame, Brick, Wood Siding
- Year Built
- 1972
- Neighborhood Amenities
- Curbs, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Street Lights
- Kitchen Features
- Eat-in Kitchen
- Interior
- Crown Molding, Entrance Foyer
- Exterior
- Garden, Private Entrance, Rain Gutters
- Roof
- Composition, Shingle
- Lot Dimensions
- 38x36x285x140x214
- Parking
- Driveway, Level Driveway, Kitchen Level
- Lot Desc
- Cul-De-Sac, Front Yard, Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Kilpatrick
- Middle School
- Jonesboro
- High School
- Jonesboro
- Acres
- 0.51
- Levels
- One and One Half
- Taxes
- $1,843
Listing courtesy of Keller Williams Realty Metro Atlanta. Selling Office: Fed-Man Real Estate, LLC..
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