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.
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.