2740 Norma Cir, Decatur, GA 30034
Suggested Price: 135k
Description:
Located in the heart of Decatur, GA, this property offers an excellent opportunity for investors looking to expand their portfolio. Situated in a quiet, residential neighborhood with easy access to major highways, public transportation, and local amenities, this home has tremendous potential for both rental income and long-term appreciation.
Key Features:
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Property Type: Single-family home
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Lot Size: 0.80 Acres
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Square Footage: 994 sqft
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Bedrooms: 3
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Bathrooms: 1
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Year Built: 1956
Investment Highlights:
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Location: The property is ideally situated just minutes from downtown Decatur, with proximity to schools, shopping centers, restaurants, and parks. The area has seen steady appreciation and is known for its strong rental demand, making it an attractive option for buy-and-hold investors.
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Rental Potential: The home is well-suited for both long-term rental or short-term rental (Airbnb/VRBO) given its proximity to key attractions, including local businesses, transit routes, and more.
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Renovation Opportunity: With some minor updates, this home could easily command a higher rental rate or flip for a substantial return. Investors can capitalize on the growing market demand in the area by performing cosmetic upgrades or adding value through strategic improvements.
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Strong Market Fundamentals: Decatur continues to be one of the most desirable areas in metro Atlanta for both renters and homebuyers due to its charming neighborhoods, strong local economy, and accessibility to major job centers. The area boasts consistent property value growth and high demand for housing.
Comps:
1903 Valencia Rd, Decatur, GA 30032 Sold for $340,000
2118 Whites Mill Rd, Decatur, GA 30032 Sold for $340,000
2404 Cranbrooke Dr, Decatur, GA 30032 Sold for $310,000
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