2240 Ferentz TRCE

NEW PRICE + NEW WATER HEATER + NEW WATER METER Now offered at $229,900, this 3-bedroom, 2.5-bath townhome presents a compelling value opportunity in a convenient Norcross location. Recent improvements include a brand new water meter and water heater, with running water fully restored throughout the property. The home offers a functional floor plan, an open kitchen with granite countertops, a fenced rear patio, and a 1-car garage. There is still room for improvement, including needing a new HVAC, and cosmetic updates such as paint and flooring, and the price has been positioned accordingly. For comparison, homes in the community that are in tip top condition sell for $300-315K. For a buyer willing to put in some work, this is an opportunity to update the home to their own taste while purchasing well below the price of many renovated properties in the area, ie: there's a lot of equity upside. The location is a major advantage, with convenient access to Historic Norcross, I-85, I-285, shopping, restaurants, schools, major commuter routes, and Pinnacle Park. HOA-covered landscaping also helps keep exterior maintenance simple. Whether you are an owner-occupant looking for an affordable entry point into the area or a buyer searching for a property with renovation potential, this home deserves a look at its new price. INVESTORS: Please note that the HOA does NOT allow leasing.

Property Details

Location

Legal

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.

Provided By
Listed by Terence Richardson (#TRICHARDSON)
Listing Office: RE/MAX Town & Country (#COGA03)