2148 Meador Avenue Atlanta GA 30315, MLS# 399344564
Atlanta, GA 30315
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1959Year Built
- 0.33Acres
- MLS# 399344564
- Multifamily
- Other
- Active
- Approx Time on Market3 months, 1 day
- AreaN/A
- CountyFulton - GA
- Subdivision Cloverdale
Overview
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.
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: 1
Exterior Features
Fence: Back Yard, Fenced
Pool Private: No
County: Fulton - GA
Acres: 0.33
Financial
Original Price: $329,000
Owner Financing: No
Garage / Parking
Parking Features: Carport
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: Two
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: Brick, Brick 4 Sides
Year Built: 1,959
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
Tax Info
Tax Amount Annual: 4262
Tax Year: 2,023
Tax Parcel Letter: 14-0059-0001-056-2
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Central
Utilities: Electricity Available, Natural Gas Available, Phone 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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