Homes for sale - 2065 Morehouse DR NW, Atlanta, GA 30314

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Traci Pate

tracipatesells@gmail.com +1(770) 771-3771

Listed by Gabriel Z Bettsack • Keller Williams Rlty-Atl.North

$ 339,000

Est. payment | -/mo

2 Beds

2 Baths

1,200 SqFt

Save

$ 339,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $282

Subdivision Dixie Hills

MLS Listing ID 10419427

Style Modular Home,Ranch

Bedrooms 2

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1938

Annual Tax Amount $3,676

Tax Year 2023

Lot Size 9,016 Sqft

Property Description

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

State GA

County Fulton

Rooms

Basement None

Main Level Bedrooms 2

Interior

Interior Features Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

Parking Features Kitchen Level, Parking Pad

Garage Spaces 2.0

Fence Fenced, Front Yard, Wood

Community Features Walk To Public Transit, Walk To Schools, Walk To Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description No Dock Or Boathouse

Roof Type Composition

Building

Story One

Sewer Public Sewer

Level or Stories One

Construction Status Updated/Remodeled

Schools

Elementary Schools Woodson

Middle Schools Other

High Schools Douglass

Others

Special Listing Condition Investor Owned, No Disclosure

2065 Morehouse DR NW Atlanta, GA 30314