
Courtesy of: Rick Wiley, Coldwell Banker Realty, rick@myrealtorrick.com
$299,000
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Lot: 0.21 Acres
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Other
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$299,000
2065 Morehouse Drive Turnkey Section 8 duplex generating $2, 800+ per month in guaranteed, government-backed rental income. 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.
Courtesy of: Rick Wiley, Coldwell Banker Realty, rick@myrealtorrick.com
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