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$289,900
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
2 |
2.0 |
1,054 |
$4,262 |
1959 |
On the market:
45 days
|
View full details, 15 photos, school info, and price history
This Section 8 income-producing property generates $2,700 per month. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards closing costs and offering a complimentary one-year home warranty. Capitalize on the demand for Section 8 housing and secure a combined rental income of $2,700 per month. This cash cow boasts upgraded HVAC, kitchen, bathrooms, stainless steel appliances, water heater, and updated electrical and plumbing systems. The property is in a prime location near the interstate, downtown Atlanta, Southside Beltline, and Lakewood Amphitheater. Contact the listing agent to request a comprehensive financial analysis.
Listing courtesy of Gabriel Bettsack, Keller Williams Realty Atl North