Viewing Listing MLS# 386418577
Atlanta, GA 30314
- 2Beds
- 2Full Baths
- N/AHalf Baths
- N/A SqFt
- 1938Year Built
- 0.21Acres
- MLS# 386418577
- Residential
- Single Family Residence
- Active
- Approx Time on Market4 months, 9 days
- AreaN/A
- CountyFulton - GA
- Subdivision Dixie Hills
Overview
Excellent turnkey SECTION 8 income-producing property generating $2,700 in guaranteed monthly gross income. Beautifully renovated and set up like a duplex, with the landlord covering utilities. This is a great opportunity for savvy buy-and-hold investors to leverage with a loan, net a monthly profit, and gain equity. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards closing costs and offering a complimentary one-year home warranty. Please reach out to the listing agent to request a comprehensive financial analysis.
Association Fees / Info
Hoa: No
Community Features: Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
Bathroom Info
Main Bathroom Level: 2
Total Baths: 2.00
Fullbaths: 2
Room Bedroom Features: Master on Main, Roommate Floor Plan, Split Bedroom Plan
Bedroom Info
Beds: 2
Building Info
Habitable Residence: No
Business Info
Equipment: None
Exterior Features
Fence: Fenced, Front Yard, Wood
Patio and Porch: Deck, Front Porch
Exterior Features: Lighting, Rain Gutters
Road Surface Type: Asphalt
Pool Private: No
County: Fulton - GA
Acres: 0.21
Pool Desc: None
Fees / Restrictions
Financial
Original Price: $349,000
Owner Financing: No
Garage / Parking
Parking Features: Driveway, Kitchen Level, Level Driveway, Parking Pad
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Security Service, Smoke Detector(s)
Fireplace Features: None
Levels: One
Appliances: Dishwasher, Gas Range, Range Hood
Laundry Features: Common Area, Main Level
Interior Features: Entrance Foyer, High Speed Internet, Recessed Lighting, Walk-In Closet(s)
Flooring: Carpet, Vinyl
Spa Features: None
Lot Info
Lot Size Source: Public Records
Lot Features: Back Yard, Cleared, Front Yard, Landscaped, Level
Lot Size: x
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Other Structures: None
Property Info
Construction Materials: Vinyl Siding
Year Built: 1,938
Property Condition: Updated/Remodeled
Roof: Composition
Property Type: Residential Detached
Style: Modular, Ranch
Rental Info
Land Lease: No
Room Info
Kitchen Features: Breakfast Room, Eat-in Kitchen, Pantry, Second Kitchen, Stone Counters, View to Family Room
Room Master Bathroom Features: Shower Only
Room Dining Room Features: Open Concept
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Investor Owned, No disclosures from Seller
Sqft Info
Building Area Total: 1200
Building Area Source: Owner
Tax Info
Tax Amount Annual: 3676
Tax Year: 2,023
Tax Parcel Letter: 14-0174-0007-003-8
Unit Info
Utilities / Hvac
Cool System: Central Air
Electric: Other
Heating: Central
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
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