2065 Morehouse Drive NWAtlanta, GA 30314
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Investors and owner-occupants, this fully renovated single-family home, designed like a duplex, offers a rare opportunity with guaranteed rental income and $25,000 in built-in equity. With a certified appraisal value of $350,000, this property provides immediate returns and long-term appreciation potential. Unit A is currently occupied by a Section 8 tenant generating $1,250 per month, while Unit B, an in-law suite, has been approved for $1,650 per month through a state program. The property features two separate gas meters for easy tenant management, and a new HVAC system is being installed in Unit B. With a total rental income of $2,900 per month, this investment delivers a 15% annual cap rate with a 30-year mortgage. To provide additional peace of mind, the seller is including a one-year home warranty. Whether you're looking for passive income or a way to offset your mortgage, this is a turnkey opportunity that won’t last long. Schedule a showing today.
| 2 days ago | Status changed to Active | |
| 2 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Listing first seen on site |
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request.
© 2017-2025 First Multiple Listing Service, Inc.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.