SoldJul 10, 2026

Listed by H Josh Stanton

Bought with Shamoin Parks

Source: First Multiple Listing Service, Inc. #7791462

745 South Carter Drive, Jonesboro, GA, 30236

$140,000

6
2
2
0.51 ac.

SingleFam

6 days on the market

Sold: Jul 10, 2026

What's around 745 South Carter Drive

About this property

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.

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