745 S Carter Drive, Jonesboro, GA 30236
- $140,000
- 6
- BD
- 2
- BA
- 1,956
- SqFt
- Sold Price
- $140,000
- List Price
- $170,000
- Closing Date
- Jul 10, 2026
- MLS#
- 10789509
- Type
- Single Family Residential
- City
- Jonesboro
- County
- Clayton
- Subdivision
- Southglen
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 1,956
- Year Built
- 1972
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
- Elementary School
- Kilpatrick
- High School
- Jonesboro
- Exterior Features
- Garden
- Interior Features
- Tile Bath, Roommate Plan, Separate Shower
- Style
- Traditional
- Parking
- Kitchen Level
- Basement Type
- None
- Stories
- 1.5 Stories
- Fees Include
- None
- Tax Year
- 2025
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Listing courtesy of Keller Williams Realty. Selling Office: .
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