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Engel & Völkers Atlanta

atlanta@evatlanta.com +1(404) 845-7724

$ 225,000

Est. payment -/mo

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Coming Soon

1908 BOULDERCREST RD SE Atlanta, GA 30316

3 Beds

2 Baths

1,344 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $167

Subdivision Hedgewood

MLS Listing ID 7551449

Style Bungalow

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1949

Annual Tax Amount $1,356

Tax Year 2023

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Single Family Residence

Property 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.

Location

State GA

County Dekalb

Lake Name None

Rooms

Bedroom Description Master on Main

Other Rooms Shed(s)

Basement Crawl Space

Main Level Bedrooms 3

Dining Room Separate Dining Room

Interior

Interior Features High Ceilings 9 ft Main, High Speed Internet

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood, Tile

Fireplaces Type None

Window Features None

Appliance Dishwasher, Refrigerator, Gas Range

Laundry Laundry Room, Main Level

Exterior

Exterior Feature Other

Parking Features Driveway

Fence Back Yard, Wood

Pool None

Community Features Public Transportation, Park, Sidewalks, Near Public Transport, Near Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Neighborhood

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Deck, Screened, Front Porch

Total Parking Spaces 2

Private Pool false

Building

Lot Description Back Yard, Front Yard

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Barack H. Obama

Middle Schools Mcnair - Dekalb

High Schools Mcnair

Others

Senior Community no

Restrictions false

Tax ID 15 110 04 028

Special Listing Condition None

Listed by Keller Williams Realty Metro Atlanta

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Engel & Völkers Atlanta

+1(404) 845-7724

Engel & Völkers Atlanta

1908 BOULDERCREST RD SE Atlanta, GA 30316

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1908 BOULDERCREST RD SE