$450,000
Builders and investors, this is the City of Decatur opportunity you've been waiting for. Located in the coveted City of Decatur school district, where renovated and new-construction homes command a premium and move quickly, 1238 Church Street offers two clear paths to profit. Path one: renovate. The existing home is salvageable, and a full renovation with a pop-top expansion supports resale in the $900K to $1M range. Path two: build new. Recent new construction nearby has sold between $1.6M and $2.1M depending on size, and a recent builder quote priced a 3,000 SF build with basement at just $200 per square foot, a spread that speaks for itself. This lot gives you room to do it right, with an abundance of space to expand the footprint rearward and potential to position the home farther forward for an even larger build. Then there's the feature almost no lot in the area can match: a private creek at the rear of the property, set well back from the buildable area. With thoughtful landscaping, the creek becomes the centerpiece of an outdoor living space that separates your finished product from every comp in the market. It's the kind of one-of-a-kind feature that earns a premium in a community that values character. Two exit strategies, top-tier schools, and a differentiator money can't manufacture. Sold as-is. Opportunities like this in City of Decatur don't sit, so schedule your showing today.
3
Beds
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1
Baths
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7828032
MLS
1238 Church Street, Decatur
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