Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
24
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$289,000
Est. payment /mo
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9,016 Sqft Lot
New

2065 Morehouse DR NW Atlanta, GA 30314

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Dixie Hills

MLS Listing ID 10670106

HOA Y/N Yes

Year Built 1938

Annual Tax Amount $3,894

Tax Year 24

Lot Size 9,016 Sqft

Acres 0.207

Lot Dimensions 9016.92

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

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 , short sale 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 !!! Property is being sold AS-IS through foreclosure. No Due Diligence (DD) period, $3,000 Earnest Money (EM), non-refundable. Must close within 2 weeks or deal will be gone !!

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Fireplace No

Laundry Other

Exterior

Parking Features Off Street, Over 1 Space per Unit

Community Features Sidewalks, Near Public Transport

Utilities Available Other, Underground Utilities

View Y/N No

Garage No

Private Pool No

Building

Faces GPS FRIENDLY

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction No

Schools

Elementary Schools Woodson

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include Other

Tax ID 14 017400070038

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Updated/Remodeled


Georgia MLS - GAMLS

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Matthew Share

Matthew Share

Broker Associate | License ID: 280286

+1(678) 520-3113

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2065 Morehouse DR NW