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$165,000

Here's a reality most agents won't tell you: the best investment opportunities rarely look pretty in photographs. At $155,000 for nearly 2,000 square feet of single-level living in College Park, 4055 Kelden Court is exactly that kind of opportunity. Yes, it's been gutted. The lower drywall has been removed, the kitchen is stripped to studs, and the work ahead is substantial. But look closer at what remains, and you'll see why this property landed on our radar. The bones are genuinely impressive. This mid-century brick ranch features dramatic vaulted ceilings in the living area, punctuated by clerestory windows that flood the space with natural light. Banks of French doors connect the interior to the wooded lot beyond, creating that seamless indoor-outdoor flow that buyers pay a premium for when the work is done. The single-level floor plan offers roughly 1,900 square feet of well-organized space: a generous living room, separate family room, dining area, three bedrooms including an oversized primary suite with walk-in closet, two full baths, and dedicated laundry. The carport provides covered parking while the mature hardwoods create the kind of established, private setting that new construction simply cannot replicate. The play here is straightforward. Renovate and flip to capitalize on College Park's surging demand, where comparable updated properties are trading well north of $300,000. Or complete the rehab and hold for rental income in a market fueled by proximity to the world's busiest airport. Hartsfield-Jackson sits just minutes away, creating a deep pool of tenants from Delta employees and airport personnel to contractors and traveling professionals who need convenient Southside housing. For BRRRR-minded investors, the math works: acquire at a steep discount, force appreciation through renovation, refinance, and repeat. College Park itself has quietly become one of the Southside's most compelling investment corridors. Camp Creek Marketplace anchors the retail scene with Target, Costco, and a growing roster of dining options. Downtown Atlanta is a straight shot up I-85, while MARTA's Airport and College Park stations put the entire Metro within easy reach without a car. The city has attracted significant municipal investment in recent years, and the trajectory points upward. For investors with vision, resources, and a reliable contractor, this is a blank canvas in the right location at the right price point. Do the work, and the equity is yours to build. Sold strictly as-is. Proof of funds required. Serious investors only.

3 Beds ⋅ 2 Baths ⋅ 7686103 MLS

4055 Kelden Court, Atlanta

Listing courtesy of Keller Williams Realty Metro Atlanta. Selling Office: NorthGroup Real Estate.