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2065 Morehouse Dr NW

Atlanta GA 30314

4
0.21 ac.
Duplex
Currently for sale - view listing

Overview

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**

Features

4 carspaces
4 garage spaces
0.21 ac. lot size
Duplex

Property history for 2065 Morehouse Dr NW

2023
Sold
$285,000
23 Aug 2023 by Gabriel Bettsack, of Keller Williams Rlty-Atl.North
2023
Sold
$155,000
03 May 2023 by Crysenthia Crockett, of Chapman Hall Realtors
2021
Sold
$226,000
23 Apr 2021

Happy sellers in Atlanta

94%
94% of sellers in Atlanta reported that their sale price either exceeded or met their price expectations.

Atlanta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Atlanta over the last 12 months.

Local market activity for duplexes in Atlanta

In the last 12 months, 9 duplexes similar to 2065 Morehouse Dr NW, have been sold.

This represents a 19% increase in duplexes sales when compared to the previous 12 months.

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