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$335,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,676 |
1938 |
On the market:
34 days
|
View full details, 15 photos, school info, and price history
Single family home set up like a duplex duplex !! Guaranteed CASH COW section 8 rental property. Investors & Landlords DON’t worry about evictions anymore and don’t miss out on STABLE incomes . This property is GUARANTEED government rental income , It has certified desktop appraisal at 350k. Section 8 tenants scheduled to move in on 10/28/24 . Unit A is a 1br/1ba - has an approved rent amount of $1,250.00 plus $100.00 service fee & unit B - Has an approved rent amount of $1,250 plus $100.00 service fee. This is GREAT opportunity for investors who’s willing to put more skin in the game by putting down 25 percent down for a 30 year mortgage. This will give you a 10 percent ANNUALLY cap rate by LEVERAGING a 30 year mortgage. This will lower your interest rates and affordable monthly payments. Property has Two NEW gas meters !!
Preferred closing date - buyer will close with activated section 8 contracts on or before 10/28/24
Seller is providing a 2 year home warranty at closing !!!
Listing courtesy of George Ansong, Maximum One Greater Atlanta Realtors