2065 Morehouse Drive,Atlanta, GA 30314
Atlanta, GA 30314
Description
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**
Details
| MLS # | 10789752 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 114 |
| Listing Provided By | Coldwell Banker Realty | Rick Wiley |
Features
| Story(s) | 1 |
|---|---|
| Units | 2 |
| Acreage | 0.21 |
| Golf Course | Yes |
Interior
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Pad |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Underground Utilities |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 3894 |
|---|---|
| Tax Year | 2024 |
Location
| Community Features | Golf, Park, Playground, Pool, Street Lights, Near Public Transport, Walk To Schools, Near Shopping |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton |
| City | Atlanta |
| Zip Code | 30314 |
| Area | Fulton |
| Community Name | Dixie Hills |
| School District | Douglass |
| Elementary School | Woodson |
| High School | Douglass |
| Listing VS Median (in Dixie Hills) | |
Price: $279,900 low | high Med: $244,900 On site: 114 low | high Med: 86 | |
Market Activity 30314
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton |
| City | Atlanta |
| Zip Code | 30314 |
| Area | Fulton |
| Community Name | Dixie Hills |
| School District | Douglass |
| Elementary School | Woodson |
| High School | Douglass |
| Listing VS Median (in Dixie Hills) | |
Price: $279,900 low | high Med: $244,900 On site: 114 low | high Med: 86 | |
