GA
Fulton
Atlanta
30314
2065 Morehouse NW Drive
2065 Morehouse NW Drive, Atlanta, GA 30314
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Listing Type
Multi Family
Listing Status
Active
0
$279,000

Home Details for 2065 Morehouse NW Drive

Price
$279,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1938
Lot size acres
0.207
County
Fulton
Garage
Basement
Crawl Space
Days on site
0
MLS Listing#
10655265
Property Description

SHORT SALE !!!! BANK APPROVED SHORT SALE !!!! BRING YOUR BUYER - DONT MISS THIS OPPORTUNITY Guaranteed section 8 incomes Duplex Offered Below Market Value. Duplex is currently in pre-foreclosure , shortsale approved by bank, creating an excellent opportunity for investors to acquire a strong cash-flowing property below market value. Recent certified DSCR appraisal came in at $348,000, providing approximately $68,000 in built-in equity at the short sale price. Property generates $2,700/month in guaranteed government-backed rental income. Both units were renovated last year and are occupied with long-term, stable tenants. Unit A: $1,350/month - Long-term Section 8 tenant (Atlanta Housing Authority) Unit B: $1,350/month - Long-term Georgia State government tenant Ideal for investors seeking strong, consistent income with future potential for a cash-out refinance. Cash buyers only !!! Must close within 2 weeks or deal will be gone !!

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Central
    • Electric
  • Utilities
    • Other
    • Underground Utilities
  • Water Features
    • Public
  • Parking
    • Off Street
  • Basement
    • Crawl Space
School Information
School Information for 2065 Morehouse NW Drive, Atlanta, GA 30314
Elementary School
Woodson
Middle School
J. L. Invictus Academy
High School
Douglass
Listing Courtesy: Maximum One Grt. Atl. REALTORS - 770-919-8825
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Median Listing Price
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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