1908 bouldercrestAtlanta, GA 30316
1908 bouldercrestAtlanta, GA 30316
Description
Go ask your agent if this is true: Do some properties offer both immediate equity creation AND substantial long-term appreciation potential? The answer here is "YES." In today's yield-starved market, finding properties with demonstrable equity potential becomes increasingly challenging. Yet here sits 1908 Bouldercrest Rd SE, an exceptional opportunity hiding in plain sight in one of East Atlanta's most rapidly appreciating neighborhood markets. What truly distinguishes this investment opportunity from others flooding your inbox? The fundamentals: a solid 3-bedroom, 2-bath configuration in a compact 1,344 square feet, sitting on an increasingly rare half-acre private wooded lot. All priced at a compelling $225,000 this represents the precise value-add opportunity sophisticated investors continuously seek but rarely find. Inside, this property requires the cosmetic updates that create your equity opportunity. While retail buyers might be deterred by the property's condition, experienced investors immediately recognize this as the sweet spot: needing enough work to create substantial value through strategic improvements, but not so much that timelines and budgets become unpredictable. This is about cosmetic transformation, not structural reconstruction. The floor plan delivers what rental markets consistently demand: three bedrooms, two bathrooms, and an efficient layout that maximizes livable space without wasted square footage. The ideal configuration for both family rentals and resale appeal ensures multiple viable exit strategies regardless of market shifts. But let's address what truly separates this property from comparable investment opportunities: the extraordinarily rare half-acre wooded lot. As East Atlanta continues its upward trajectory, private, wooded lots of this size become increasingly scarce and correspondingly valuable. This isn't just square footage. It's an appreciating asset within an appreciating asset, creating a compound growth opportunity rarely found at this price point. Positioned strategically in East Atlanta, this location combines established neighborhood stability with demonstrable appreciation trends. Recent comparable sales of renovated properties in similar condition have consistently exceeded $325,000, with premium properties breaking the $350,000 threshold. This creates substantial equity potential for investors with vision and execution capabilities.The investment thesis is compelling: acquisition at $225,000, estimated renovation between $50,000, and after-renovation value exceeding $325,000. This potentially creates $50,000 in forced equity through strategic improvements. Whether your strategy involves a quick renovation and resale, a long-term hold capitalizing on East Atlanta's continued appreciation, or a BRRRR approach, this property offers multiple viable exit strategies. This is the hallmark of a sound investment. Calculate your potential returns. Analyze the comparable sales. Then make your move quickly. Opportunities with this combination of price point, lot size, and upside are precisely what other investors are actively seeking in today's competitive market. Priced to bring immediate attention at $225,000; serious, investment-minded buyers only. Call your agent (or your financial advisor) today for a private tour and complete investment package.
Property Details for 1908 BOULDERCREST
- Subdivision ComplexHedgewood
- Architectural StyleBungalow/Cottage
- Num Of Parking Spaces2
- Parking FeaturesParking Pad
- Property AttachedNo
LISTING UPDATED:
- StatusActive Under Contract
- MLS #10515348
- Days on Site0
- Taxes$1,356 / year
- MLS TypeResidential
- Year Built1949
- Lot Size0.60 Acres
- CountryDeKalb
LISTING UPDATED:
- StatusActive Under Contract
- MLS #10515348
- Days on Site0
- Taxes$1,356 / year
- MLS TypeResidential
- Year Built1949
- Lot Size0.60 Acres
- CountryDeKalb
Building Information for 1908 BOULDERCREST
- StoriesOne
- Year Built1949
- Lot Size0.6000 Acres
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Property Information for 1908 BOULDERCREST
Summary
Location and General Information
- Community Features: Near Public Transport, Walk To Schools, Sidewalks
- Directions: https://www.google.com/maps
- Coordinates: 33.701496,-84.325594
School Information
- Elementary School: Barack H. Obama Magnet School Of Technology
- Middle School: Mcnair
- High School: Mcnair
Taxes and HOA Information
- Parcel Number: 15 110 04 028
- Tax Year: 2023
- Association Fee Includes: None
Virtual Tour
Parking
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central
- Appliances: Dishwasher, Refrigerator, Oven/Range (Combo)
- Basement: Crawl Space
- Flooring: Hardwood, Tile
- Interior Features: High Ceilings, Master On Main Level, Tile Bath
- Levels/Stories: One
- Main Bedrooms: 3
- Bathrooms Total Integer: 2
- Main Full Baths: 2
- Bathrooms Total Decimal: 2
Exterior Features
- Construction Materials: Wood Siding
- Patio And Porch Features: Deck, Porch, Screened
- Roof Type: Composition
- Security Features: Security System, Smoke Detector(s)
- Laundry Features: Laundry Closet, Mud Room
- Pool Private: No
- Other Structures: Shed(s)
Property
Utilities
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Phone Available, Water Available
- Water Source: Public
Property and Assessments
- Home Warranty: Yes
- Property Condition: Resale
Green Features
Lot Information
- Above Grade Finished Area: 1344
- Lot Features: Level
Multi Family
- Number of Units To Be Built: Square Feet
Rental
Rent Information
- Land Lease: Yes
Public Records for 1908 BOULDERCREST
Tax Record
- 2023$1,356.00 ($113.00 / month)
Home Facts
- Beds3
- Baths2
- Total Finished SqFt1,344 SqFt
- Above Grade Finished1,344 SqFt
- StoriesOne
- Lot Size0.6000 Acres
- StyleSingle Family Residence
- Year Built1949
- APN15 110 04 028
- CountyDeKalb