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2065 Morehouse Drive , Atlanta, GA 30314

$299,000
  • 2065 Morehouse Drive , Atlanta, GA 30314 Main Photo

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Active
BEDS0 BATHS MLS#7758387
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDixie Hills SCHOOLWoodson Park Academy - Frederick Douglass

Property Description

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. 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.

2065 Morehouse Drive | MLS# 7758387

This multi-family property located at 2065 Morehouse Drive , Atlanta, GA 30314 is currently listed for sale with an asking price of $299,000. Morehouse Drive is located within the Woodson Park Academy - Frederick Douglass school district. Search Atlanta real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.21 Acres
Roof Type: Composition
Taxes: $3,894
Year Built: 1938

Feature Descriptions

Days on Site: 12
Exterior: Vinyl Siding
Lot: Open Lot
Neighborhood Amenities: Golf, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Pool, Public Transportation, Restaurant, Street Lights
Parking Notes: Level Driveway
Parking Total: 4
Security: Carbon Monoxide Detector(s)
Sewer: Public Sewer
Units: 2
Utilities: Underground Utilities
Water: Public

Local Schools

High School: Frederick Douglass
Middle School: John Lewis Invictus Academy/Harper-Arche
Elementary School: Woodson Park Academy
School District: Woodson Park Academy - Frederick Douglass

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 404-252-4908

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: FMLS

Estimate Your Payment

Estimated Payment

$ 1,077.15 per month $665.44 Principal & Interest $324.50 Property Tax $87.21 Homeowner's Insurance

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