Hillwood Realty

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$329,000
1 Day On Site

2065 Morehouse Drive NW
Atlanta, GA 30314

For Sale|Duplex|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1938
Built
Subdivision:
Dixie Hills
County:
Fulton
Call Now: 770-822-2499
Is this the home for you? We can help make it yours.
770-822-2499
2065 Morehouse Drive NW2065 Morehouse Drive NW2065 Morehouse Drive NW2065 Morehouse Drive NW
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Investors and owner-occupants, this fully renovated single-family home, designed like a duplex, offers a rare opportunity with guaranteed rental income and $25,000 in built-in equity. With a certified appraisal value of $350,000, this property provides immediate returns and long-term appreciation potential. Unit A is currently occupied by a Section 8 tenant generating $1,250 per month, while Unit B, an in-law suite, has been approved for $1,650 per month through a state program. The property features two separate gas meters for easy tenant management, and a new HVAC system is being installed in Unit B. With a total rental income of $2,900 per month, this investment delivers a 15% annual cap rate with a 30-year mortgage. To provide additional peace of mind, the seller is including a one-year home warranty. Whether you're looking for passive income or a way to offset your mortgage, this is a turnkey opportunity that won’t last long. Schedule a showing today.

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Listing Snapshot
Price 
$329,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2066 Acres
Year Built 
1938
MLS® Number 
7516801
Status 
Active
Property Tax 
$3,894
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoStatus changed to Active
7 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.2066
Number Of Stories 
1
Parking 
None
Property Condition 
Updated/Remodeled
Property Sub Type 
Duplex
Security 
Carbon Monoxide Detector(s)Security Service
Sewer 
Public Sewer
Stories 
One
Utilities 
Electricity AvailableNatural Gas AvailableUnderground UtilitiesWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
CarpetVinyl
Heating 
CentralSeparate Meters
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Exterior Features
Construction Details 
Vinyl SidingWood Siding
Fencing 
None
Lot Features 
Other
Roof 
Asbestos ShingleComposition
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Community Features 
None
Schools
School District
Unknown
Elementary School
Woodson Park Academy
Middle School
Fulton - Other
High School
Frederick Douglass
Listing Provided Courtesy Of: George Ansong of Maximum One Greater Atlanta Realtors gansong@bellsouth.net

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Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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