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Matt Fagioli

$140k List Price Blows Away The Market near Hamilton Mill

Oct 20th 2008
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Huntington West Ranch

Huntington West Ranch

If you’re interested in investing in Gwinnett County real estate, there are really some great opportunities out there right now.

I’ve been spending LOTS of time evaluating property for investors & other bargain shopping home buyers these days.  It seems that much of the product that is actually moving in this crazy market is priced below $200k and then it’s priced WELL below it’s true market value.

Today I found this 3 bedroom 2 bath ranch in Huntington West — right around the corner from Hamilton Mill.  It’s on an awesome wooded lot with huge potential.  The interior needs a good bit of work, but that’s very appropriately presented in the $140k listing price - well below the $180ish average in the neighborhood.

We talk to buyers and renters all the time who really want to stay in Mill Creek High School district or more specifically, they will often ask for either Puckett’s Mill Elementary or Duncan Creek Elementary School.

This home would also likely qualify for the FHA “fix-er-up” programs that allow you to build repairs and improvements right into the loan.  These programs are really great for getting a deal like this done and creating a decent move-in condition for the buyer or investor (and subsequent renter).

This listing is still active and I’m happy to share additional insight as needed.

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