East Lake Terrace Fixer Upper! Discover the exceptional... |
| Ad # 7238962 |
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| $169,900 For Sale |
| MLS # 7715808 |
500 Allendale Drive |
| Decatur, Georgia 30032 |
| Dekalb |
Golf Course: East Lake Golf Club |
| Type Home |
| Beds 3 |
| Baths 1.0 |
| Sq Feet 0 |
| Year Built 1949 |
| Acres 0.250 |
Lot Dimensions |
| On Golf Course? Yes |
| Golf View? No |
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East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta's most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it's just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period. |
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| Stories: |
1 |
| Fireplaces: |
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| Heat/AC: |
Central, Forced Air, Natural Gas |
| Siding: |
Block, Frame, Wood Siding |
| Garage: |
Driveway |
| Roof: |
Shingle, Composition |
| Yard: |
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| Utilities: |
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| Property Taxes: |
4,135 |
| Community:
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East Lake Terrace |
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| Contact Information: |
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| Ad Statistics: |
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| Ad Number: |
7238962 |
| Viewed: |
13 times |
| Added on: |
Feb 06, 2026 |
| Updated on: |
Feb 07, 2026 |
| Listing Agent: Kathleen Levy, Keller Williams Realty Metro Atlanta, 404-564-5560, 404-564-5560
Listing Site, Listing Status: Active
Copyright © 2025 First Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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