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  • $220,000

    1908 Bouldercrest Rd, Atlanta, GA 30316

    3beds
    1,344sqft
    Single Family Residence
    Built in 1949
    0.6 Acres Lot
    $219,300 Zestimate®
    $164/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 20, 2025 at 12:51pm

    Listed by:

    Joshua Keen 404-538-5356,

    Keller Williams Realty

    Bought with:

    Joshua Keen, 267264

    Keller Williams Realty

    Source: GAMLS,MLS#: 10515348MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Oven/Range (Combo)
    • Laundry: Laundry Closet, Mud Room
    Features
    • High Ceilings, Master On Main Level, Tile Bath
    • Flooring: Hardwood, Tile
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,344
    • Total interior livable area: 1,344 sqft
    • Finished area above ground: 1,344
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch, Screened
    Lot
    • Size: 0.60 Acres
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 15 110 04 028

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Phone Available, Water Available

    Community & neighborhood

    Security
    • Security features: Security System, Smoke Detector(s)
    Community
    • Community features: Near Public Transport, Walk To Schools, Sidewalks
    Location
    • Region: Atlanta
    • Subdivision: Hedgewood

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    Services availability
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    Estimated market value

    $219,300