This house with 10 Acres is in the middle of several Subdivisions that has been completed; in the process of been completed and at the beginning stage of starting New Subdivisions. The Lots are Selling Now for $45,000 each. 2 Homes can be built on 1 Acre at $45,000 each. Here is a Realistic Gross Profit Potential: $127k for the house + $45k x 20 Lots = $1,027,000+/- * Net Profit: $439k+/- This property is in a Great Location near Stone Crest Mall in DeKalb County.
Nearby schools include Lithonia High School, Marbut
Elementary School and Miller's Preparatory Academy For Boys. The closest grocery stores are Kroger, Aldi and Three Brothers Food Mart. The closest coffee shop is Rods House. Nearby restaurants include Batter's Box LLC, China Panda and Little Caesars Pizza. Acres: 1.4 * Land Sq. Ft: 60,984 * Legal Lot Number: 130 Legal Block Number: 3. Good Area to build in. The house will Sale/Lease Fast, if that is your choice, if you ever decide to move.
Sold for $63k in Jan. 2019
Sold for $223k December 2018
Sold for 56k October 2018
Sold for 205k October 18, 2019