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745 S Carter DR Jonesboro, GA 30236
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Key Details
Sold Price $140,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Southglen
MLS Listing ID 7791462
Sold Date 07/10/26
Style Traditional
Bedrooms 6
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $1,843
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
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.
Location
State GA
County Clayton
Area Southglen
Lake Name None
Rooms
Bedroom Description Roommate Floor Plan
Other Rooms None
Basement None
Dining Room Open Concept
Kitchen Eat-in Kitchen
Interior
Interior Features Crown Molding, Entrance Foyer
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Equipment None
Window Features None
Appliance Gas Range
Laundry Electric Dryer Hookup, Laundry Closet, Lower Level
Exterior
Exterior Feature Garden, Private Entrance, Rain Gutters
Parking Features Driveway, Level Driveway, Kitchen Level
Fence Chain Link, Back Yard
Pool None
Community Features Curbs, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Street Surface Asphalt,Paved
Accessibility None
Handicap Access None
Porch Deck, Patio
Total Parking Spaces 2
Private Pool false
Building
Lot Description Cul-De-Sac, Front Yard, Level
Story One and One Half
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One and One Half
Structure Type Frame,Brick,Wood Siding
Construction Status Resale
Schools
Elementary Schools Kilpatrick
Middle Schools Jonesboro
High Schools Jonesboro
Others
Senior Community no
Restrictions false
Tax ID 13178C F005
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
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Bought with Fed-Man Real Estate, LLC.
Nearby Locations
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