2065 Morehouse DR NW Open House Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
OPEN HOUSE
Sat Dec 21, 1:00pm - 2:00pm
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
Bedroom Master On Main Level,Roommate Plan,Split Bedroom Plan,Walk-In Closet(s)
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