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2148 Meador Avenue SE
Atlanta, GA, 30315
$299,000
2 Beds
2 Baths
1,054 SqFt
0.33 Acres
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This Section 8 income-producing property is approved for $2,700 per month. It currently generates $1,350, with one tenant occupying the main unit. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller is contributing $5,000 toward closing costs and offering a complimentary one-year home warranty. Capitalize on the demand for Section 8 housing and secure a combined rental income of $2,700 per month, OR live in one unit and rent out the other to offset the mortgage payment. This cash cow boasts upgraded HVAC, kitchen, bathrooms, stainless steel appliances, water heater, and updated electrical and plumbing systems. The property is in a prime location near the interstate, downtown Atlanta, Southside Beltline, and Lakewood Amphitheater. Contact the listing agent for a comprehensive financial analysis.
Listing Provided Courtesy of Keller Williams Realty Atl North

Property Details

Price:
$299,000
MLS #:
7434707
Status:
Active
Beds:
2
Baths:
2
Address:
2148 Meador Avenue SE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cloverdale
City:
Atlanta
Listed Date:
Aug 8, 2024
State:
GA
Finished Sq Ft:
1,054
Total Sq Ft:
1,054
ZIP:
30315
Year Built:
1959
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Schools

Elementary School:
John Wesley Dobbs
Middle School:
Crawford Long
High School:
South Atlanta

Interior

Appliances
Electric Range, Gas Range, Range Hood
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Laundry Features
Common Area, In Basement

Exterior

Architectural Style
Traditional
Community Features
Near Public Transport, Near Schools, Near Shopping, Near Trails/ Greenway
Construction Materials
Brick, Brick 4 Sides
Exterior Features
Lighting, Rain Gutters, Rear Stairs
Other Structures
None
Parking Features
Carport
Roof
Composition

Financial

Tax Year
2023
Taxes
$4,262

Map

Community

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