2065 Morehouse, Atlanta GA 30314

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$339,000

2065 Morehouse, Atlanta, GA 30314

bedrooms

bathrooms

square feet

1,200

Acreage

0.207

Open Houses

year built

1938

Full Baths

Half Baths

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OPEN HOUSE on Saturday, December 21st from 1PM to 2PM! 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.

Location
Subdivision	Dixie Hills
County	Fulton
Elementary School	Woodson
Middle School	Other
High School	Douglass

Driving directions

Open houses

None scheduled.

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MLS number: 10419427

Listing agent: Gabriel Z Bettsack

Listing broker: Realty East Cobb Dba Keller Williams Realty Atlanta North (770) 509-0700

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Last update: Wednesday, December 18 2024 at 4:09 p.m. EST

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