2065 Morehouse Drive Atlanta GA 30314, MLS# 386424317
Atlanta, GA 30314
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1938Year Built
- 0.21Acres
- MLS# 386424317
- Multifamily
- Other
- Active
- Approx Time on Market5 months, 15 days
- AreaN/A
- CountyFulton - GA
- Subdivision Dixie Hills
Overview
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.
Association Fees / Info
Hoa: No
Community Features: Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
Bathroom Info
Building Info
Habitable Residence: No
Number of Units Total: 2
Exterior Features
Fence: Fenced, Front Yard, Wood
Pool Private: No
County: Fulton - GA
Acres: 0.21
Financial
Original Price: $349,000
Owner Financing: No
Garage / Parking
Parking Features: Driveway, Level Driveway
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Security Service
Levels: One
Lot Info
Lot Size Source: Public Records
Lot Features: Level
Lot Size: x
Misc
Property Attached: No
Home Warranty: No
Open House
Other
Property Info
Construction Materials: Vinyl Siding
Year Built: 1,938
Property Condition: Updated/Remodeled
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: No
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Investor Owned, No disclosures from Seller
Tax Info
Tax Amount Annual: 3676
Tax Year: 2,023
Tax Parcel Letter: 14-0174-0007-003-8
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Central
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
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