2065 Morehouse DR, Atlanta, GA 30314
2065 Morehouse DR, Atlanta, GA 30314
2065 Morehouse DR, Atlanta, GA 30314
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Deeana Owens

Deeana Owens

+1(678) 250-3471
$289,900
Est. payment /mo
9,016 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Dixie Hills

MLS Listing ID 10789752

HOA Y/N No

Year Built 1938

Annual Tax Amount $3,894

Tax Year 2024

Lot Size 9,016 Sqft

Acres 0.207

Lot Dimensions 9016.92

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property 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**

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Garage Spaces 4.0

Community Features Golf, Park, Playground, Pool, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces GPS

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Woodson

Middle Schools Harper Archer

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14017400070038

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Updated/Remodeled

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Deeana Owens

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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