2065 NW Morehouse DR NW Atlanta, GA 30314
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Single family home set up like a duplex duplex !! Guaranteed CASH COW section 8 rental property. Investors & Landlords DON't worry about evictions anymore and don't miss out on STABLE incomes . This property is GUARANTEED government rental income , It has certified desktop appraisal at 350k. Section 8 tenants scheduled to move in on 10/28/24 . Unit A is a 1br/1ba - has an approved rent amount of $1,250.00 plus $100.00 service fee & unit B - Has an approved rent amount of $1,250 plus $100.00 service fee. This is GREAT opportunity for investors who's willing to put more skin in the game by putting down 25 percent down for a 30 year mortgage. This will give you a 10 percent ANNUAL cap rate by LEVERAGING a 30 year mortgage. This will lower your interest rates and affordable monthly payments. Property has Two NEW gas meters !! Preferred closing date - buyer will close with activated section 8 contracts on or before 10/28/24 Seller is providing a 2 year home warranty at closing !!!
| 3 days ago | Status changed to Active | |
| 2 weeks ago | Listing first seen online | |
| 3 weeks ago | Listing updated with changes from the MLS® |
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Data last updated at: 2024-10-22 12:00 AM UTC
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