Excellent turnkey SECTION 8 income-producing property generating $2,700 in guaranteed monthly gross income. Beautifully renovated and set up like a duplex, with the landlord covering utilities. This is a great opportunity for savvy buy-and-hold investors to leverage with a loan, net a monthly profit, and gain equity. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards closing costs and offering a complimentary one-year home warranty. Please reach out to the listing agent to request a comprehensive financial analysis.
Listing Provided Courtesy of Keller Williams Realty Atl North
Property Details
Price:
$310,000
MLS #:
7392739
Status:
Active
Beds:
2
Baths:
2
Address:
2065 Morehouse Drive NW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Dixie Hills
City:
Atlanta
Listed Date:
May 25, 2024
State:
GA
Finished Sq Ft:
1,200
Total Sq Ft:
1,200
ZIP:
30314
Year Built:
1938
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Schools
Elementary School:
Woodson Park Academy
Middle School:
Fulton – Other
High School:
Frederick Douglass
Interior
Appliances
Dishwasher, Gas Range, Range Hood
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Vinyl
Heating
Central
Laundry Features
Common Area, Main Level
Exterior
Architectural Style
Modular, Ranch
Community Features
Near Public Transport, Near Schools, Near Shopping, Near Trails/ Greenway
Construction Materials
Vinyl Siding
Exterior Features
Lighting, Rain Gutters
Other Structures
None
Parking Features
Driveway, Kitchen Level, Level Driveway, Parking Pad
Parking Spots
2
Roof
Composition
Financial
Tax Year
2023
Taxes
$3,676
Map
Community
- Address2065 Morehouse Drive NW Atlanta GA
- SubdivisionDixie Hills
- CityAtlanta
- CountyFulton – GA
- Zip Code30314
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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.
2065 Morehouse Drive NW
Atlanta, GA
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