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2065 Morehouse Drive NW
Atlanta, GA, 30314
$339,000
2 Beds
2 Baths
1,200 SqFt
0.21 Acres
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INVESTORS or Owner-Occupant Buyers!!
This fully renovated single-family home is set up like a duplex, offering GUARANTEED RENT with a total rental income of $2,730 and built-in equity of $25,000. The seller has a certified appraisal value of $350,000. Unit A is currently occupied by a Section 8 tenant generating $1,360 ($1,250 in monthly rent and a $110 appliance fee). Unit B (in-law suite) has been approved for $1,360 ($1,250 plus a $110 utility fee) through a state program. The tenant for Unit B is scheduled to move in on 01/01/2025, or a first-time homebuyer can choose to live in the in-law suite instead of accepting the government tenant. The property has two gas meters, and the seller’s general contractor is in the process of installing a new HVAC system for Unit B. This is a great opportunity to achieve a 15% annual cap with a 30-year mortgage. Additionally, the seller is offering a 1-YEAR HOME WARRANTY.
Listing Provided Courtesy of Keller Williams Realty Atl North

Property Details

Price:
$339,000
MLS #:
7491397
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:
Nov 26, 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

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2065 Morehouse Drive NW
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