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35
Photos
2065 Morehouse Drive NW, Atlanta, GA 30314
$339,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,200
sqft
Built in
1938
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.
Features & Amenities
Interior
- General:
- Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)
- Appliances:
- Dishwasher
- Laundry:
- Common Area
- Basement:
- None
- Flooring:
- Carpet, Vinyl
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Modular Home, Ranch
- Parking:
- Kitchen Level, Parking Pad, Parking spaces: 2
Construction
- Roofing:
- Composition
- Windows:
- Double Pane Windows, Window Treatments
- General:
- Vinyl Siding, One
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Georgia MLS 2
- County:
- Fulton
Lot
- Zoning:
- 14 017400070038
- Fencing:
- Fenced, Front Yard, Wood
Utilities
- Utilities:
- Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Underground Utilities, Water Available, Electricity on Property
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Georgia MLS 2
This listing courtesy of:
Keller Williams Rlty-Atl.North, Gabriel Z Bettsack
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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