10 Rockmart NW Drive, 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:
High Speed Internet, Wet Bar
Rooms:
Other
Appliances:
Gas Range, Gas Water Heater
Laundry:
Common Area
Basement:
Bath/Stubbed, Daylight, Unfinished, Walk-Out Access, Other
Flooring:
Vinyl
A/C:
Ceiling Fan(s), Central Air
Heating:
Central, Electric, Forced Air
Fireplace:
Fireplaces: 1
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
Lighting, Private Yard
Style:
Ranch, Other
Pool:
None
Parking:
Driveway, Kitchen Level, On Street

Construction

Roofing:
Asbestos Shingle
Windows:
Insulated Windows, Window Treatments
General:
Vinyl Siding, One, Concrete Perimeter

Location

Road/Access:
State Road
Originating MLS:
First Multiple Listing Service
County:
Fulton - GA

Lot

Zoning:
14-0141-0002-039-7, 14 014100020397
View:
Other
Fencing:
None

Utilities

Utilities:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available, 110 Volts
Water:
Public
Sewer:
Public Sewer

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
Maximum One Greater Atlanta 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.

Similar Homes

Message

Interested in this home?

Request more information: