10 Rockmart Drive NW, Atlanta, GA 30314

$329,999 Asking Price

2 beds
2 baths
1,000  sqft
Built in 1940

This is for the CASHFLOW INVESTOR CASH Cow Guaranteed Section 8 rental income !!! Seller has Certified desktop appraisal value at 335k !!! $3,320.00 monthly income Or $4,320.00 monthly income with converting Basement into additional studio apartment unit !!! This is a nicely renovated single family home set up like a duplex. The main level has two units . Section 8 tenants scheduled to move in on 10/25/2024. Unit A is 1BR/1BA - has an approved rent amount at $1,720.00 and unit B also 1BR/1BA has approved rent amount at $1,600 . The unfinished basement has rough plumbing set up for bathroom & kitchen and can be easily converted into a studio apartment ; therefore an investor can maximize rental incomes . Seller's license general contractor has a written bid for $25,000 to convert basement into a studio apartment . Property has two separate gas meters !! Cash buyers preferred!! Preferred Closing date - buyer will close with section 8 activated contracts on or before 10/25/24 Seller is open to buyers using conventional financing as well!! Seller is providing a 2 year home warranty at closing


Features & Amenities

Interior

General:
Wet Bar
Appliances:
Oven/Range (Combo)
Laundry:
In Hall
Basement:
Full, Unfinished
Flooring:
Laminate
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Factory Built, Gas Starter, Fireplace, Fireplaces: 0
Disability Feature:
Other

Exterior

General:
Other
Style:
A-Frame, Brick Front
Parking:
Off Street, Side/Rear Entrance, Parking spaces: 2

Construction

Roofing:
Tar/Gravel
Windows:
Storm Window(s), Window Treatments
General:
Concrete, One, Block

Location

HOA Amenities:
Insurance, 0.0
Originating MLS:
Georgia MLS 2
County:
Fulton

Lot

Zoning:
14 014100020397
View:
City, View
Fencing:
Other

Utilities

Utilities:
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, 220 Volts, Electricity on Property
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Georgia MLS 2

This listing courtesy of:
Maximum One Grt. Atl. REALTORS, George Ansong

About Atlanta, GA

Housing

Number of Units
517,940
Median Home Value
$387,201
Median Rent
$1,151

54.70% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
52.29%
Public Transportation
6.55%
Walk to Work
2.19%
Work from Home
37.45%
Other
1.03%

The median travel time to work is 19 minutes.

People

Population
1,042,237
Median Age
36.10
Median Household Size
2.33

Education

High School
16.96%
Associate’s Degree
5.82%
Bachelor’s Degree
31.69%
Graduate Degree
24.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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