tomo logo

$196,900

Beds
2
Baths
2.0
sq ft
1,192

12 Intown Pl, Fayetteville, GA 30214

12 Intown Pl

Fayetteville, GA 30214

  • 62 days on market
***Atention Savvy Investors*** Introducing a charming two bedroom townhome nestled on the ground floor, complete with a private backyard. Currently occupied by tenants, this property presents the perfect opportunity for savvy investors seeking reliable rental income. The existing tenants pay rent that exceeds the monthly mortgage, providing immediate positive cashflow. Their lease expires in July, allowing you to secure your own tenants and optimize rental rates in the near future. We have established relationships with lenders offering incredibly competitive interest rates for investment properties like this one. With proof of funds readily available, financing will be a smooth process. Act now to claim this turnkey investment, where rental income will pay the mortgage as you build equity and wealth over time. The private yard and ideal location make this townhome highly desirable to renters. Let us guide you through the investment process, from financing to securing long-term tenants. The investment potential is immense - contact us today to learn more!

Details

Property type

Condominium

Est. home value

$199,126

Lot size

Unknown

Price per sq ft

$166

Year built

2004

Annual property taxes

$1,469.64

Monthly HOA fee

$250

Price History

10/22/2024
GeorgiaMLS

GeorgiaMLS #10400273

Listed
$196,900
07/16/2024
GeorgiaMLS

GeorgiaMLS #10281160

Removed
$196,900
07/11/2024
GeorgiaMLS

GeorgiaMLS #10281160

Price change
$196,900
-1.5%

Schools & Community

Elementary school: 

Fayetteville

Middle school: 

Bennetts Mill

High school: 

Fayette County

Community features: 

Clubhouse, Playground, Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$52,019
Asking price
$196,900
Closing costs (~8% of asking)
-$15,752
Est. remaining loan balance
-$129,129
Cash to seller
$52,019

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestar Financial

Loan start date

April 2022

Original loan amount

$136,000

Est. remaining balance

$129,129

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Lula B Harris

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 5:35 AM

Listing updated: 11/15/2024 at 1:17 PM

Listed by: Christian Swann, Keller Williams Realty Atl. Partners

MLS: GeorgiaMLS #10400273

GeorgiaMLS logo

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