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

• SubdivisionDixie Hills
• Zip Code30314
• CityAtlanta
• CountyFulton - GA

Schools

• ElementaryWoodson Park Academy
• JuniorFulton - Other
• HighFrederick Douglass

MLS Data

• StatusActive
• MLS #7491484
• TypeResidential Income
• SpecialInvestor Owned, No disclosures from Seller

Exterior Details

• ConstructionVinyl Siding
• Built In1938
• StoriesArray
• ParkingDriveway, Level Driveway
• ServicesNear Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
• UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
• SewerPublic Sewer
• Lot DescriptionLevel
• Lot Dimensionsx
• Acres0.2066

Listing Provided Courtesy Of: Keller Williams Realty Atl North 770-509-0700