2065 Morehouse DR NWAtlanta, GA 30314
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
| a week ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active | |
| a month ago | Listing first seen on site |
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Data last updated at: 2024-10-30 12:00 AM UTC
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