Listing Courtesy of: Gabriel Bettsack - Keller Williams Rlty-Atl.North
7705090700
$339,000
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2065 Morehouse Drive NW Atlanta, GA 30314
Single Family
Residence
2
Beds
2
Baths
1,200
Sq. Ft.
0.21
Acre
Lot
Property Activity
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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 tena...nt 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.
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MLS#
10419427
Property Type
Single Family
Bedrooms
2
Bathrooms
2 Full
Year Built
1938
Square Feet
1,200
sq. ft
Lot Size
0.21
Stories
1.0
Sewer
Public Sewer, Sewer Available
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