Photo 1 of 14
$203,507
Sold on 9/14/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$286 |
1960 |
On the market:
83 days
|
View full details, 15 photos, school info, and price history
This is an excellent turnkey buy and hold SECTION 8 opportunity to generate $2600 per month in GUARANTEED income. Each unit will bring in $1300 per month. This solid brick home is setup like a duplex. Seller will complete renovations needed to make Section 8 ready for investor to collect rental income from day one. Comparable income-producing property in the neighborhood sold for $222,000. Cap rate for this gem is estimated at 13%. Sold as is, where is. Close with Chalker & Chalker as title is ready.
Listing courtesy of Gabriel Bettsack, Keller Williams Realty Atl North