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
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
- Address2148 Meador Avenue SE Atlanta GA
- SubdivisionCloverdale
- CityAtlanta
- CountyFulton – GA
- Zip Code30315
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Courtesy of Keller Williams Realty Atl North. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Area Realty include the name of the listing broker. Neither the listing company nor Area Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Atlanta, GA. All rights reserved.
2148 Meador Avenue SE
Atlanta, GA
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