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$339,000

2065 Morehouse Drive Nw
Atlanta, Georgia 30314

Active / MLS #7491484 / Multiple Unit (2-4) / Dixie Hills
Listing information updated 12/21/2024 at 1:22pm
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.
Exterior Type:
Vinyl Siding
Cooling System:
Central Air
Heating System:
Central
Pool:
No
Age:
86 years
Roof Type:
Composition
Parking Type:
Driveway,Level Driveway
Parking Spaces:
2
Square Feet:
N/A
Acreage:
0.2066
Tax Amount:
$3,676
Tax Year:
2023
Zip Code:
30314
City:
Atlanta
County:
Fulton - Ga
Elementary School:
Woodson Park Academy
Middle School:
Fulton - Other
High School:
Frederick Douglass

Listing Office: Keller Williams Realty Atl North

Listing Office Phone: 770.509.0700

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$255,508
Average Sale Price
59
Average Days On The Market
85%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2065 Morehouse Drive Nw, Atlanta, GA 30314

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2065 Morehouse Drive Nw is a multiple unit (2-4) currently listed at $339,000. This multiple unit (2-4) has been listed on Ansley Real Estate Christie's International since November 26th, 2024 and was built in 1938. Nearby schools include Woodson Park Academy, Fulton - Other, and Frederick Douglass.