
Courtesy of: George Ansong, Maximum One Grt. Atl. REALTORS, gansong@bellsouth.net
$279,000
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Lot: 0.21 Acres
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Other
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$279,000
2065 Morehouse Drive NW 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 !!
Courtesy of: George Ansong, Maximum One Grt. Atl. REALTORS, gansong@bellsouth.net
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