2065 Morehouse Dr, Atlanta, GA 30314
- Garage
- Yes
- Pool
- Yes
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Overview
Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Lot size (acres)
- 0.21
- Year built
- 1938
Exterior features
- Pool
- Yes
- Area amenities
- Golf Course
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 4
Utilities
- Heating
- Central
- Cooling
- Central Air, Ceiling Fans
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2024)
- $3,894
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Georgia MLS MLS®#: 10789752 Last checked: …
