Description
This property offers a prime investment opportunity in a quiet, established neighborhood with NO HOA, with the right vision and effort, this could be a lucrative opportunity for the right investor. Home is just minutes from downtown Cumming, close to restaurants shops, parks and much more. Home is situated on a spacious 1.04-acre lot, the home has been damaged by a fire but is structurally stable with no foundation damage (engineer's report in documents). The property appraised at $550K subject to rebuild (appraisal report in documents). The county has already approved building permits for a 4-bedroom, 3.5-bath home utilizing the existing foundation, existing on-site sewage system evaluation report available. Architectural designed plans, including a detailed framing plan, are attached to the listing.
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3BEDS
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1.04ACRES
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2BATHS
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11/2 BATHS
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1,624SQFT
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$163$/SQFT
School Information
Description
This property offers a prime investment opportunity in a quiet, established neighborhood with NO HOA, with the right vision and effort, this could be a lucrative opportunity for the right investor. Home is just minutes from downtown Cumming, close to restaurants shops, parks and much more. Home is situated on a spacious 1.04-acre lot, the home has been damaged by a fire but is structurally stable with no foundation damage (engineer's report in documents). The property appraised at $550K subject to rebuild (appraisal report in documents). The county has already approved building permits for a 4-bedroom, 3.5-bath home utilizing the existing foundation, existing on-site sewage system evaluation report available. Architectural designed plans, including a detailed framing plan, are attached to the listing.
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