2065 Morehouse Drive NW, Atlanta GA 30314

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$329,000

2065 Morehouse Drive NW, Atlanta, GA 30314

bedrooms

bathrooms

square feet

Acreage

0.2066

Open Houses

year built

1938

Full Baths

Half Baths

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Investors and owner-occupants, this fully renovated single-family home, designed like a duplex, offers a rare opportunity with guaranteed rental income and $25,000 in built-in equity. With a certified appraisal value of $350,000, this property provides immediate returns and long-term appreciation potential. Unit A is currently occupied by a Section 8 tenant generating $1,250 per month, while Unit B, an in-law suite, has been approved for $1,650 per month through a state program. The property features two separate gas meters for easy tenant management, and a new HVAC system is being installed in Unit B. With a total rental income of $2,900 per month, this investment delivers a 15% annual cap rate with a 30-year mortgage. To provide additional peace of mind, the seller is including a one-year home warranty. Whether you're looking for passive income or a way to offset your mortgage, this is a turnkey opportunity that won’t last long. Schedule a showing today.

Location
Subdivision	Dixie Hills
County	Fulton - GA
Elementary School	Woodson Park Academy
Middle School	Fulton - Other
High School	Frederick Douglass

Driving directions

Open houses

None scheduled.

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MLS number: 7516801

Listing agent: George Ansong

Listing broker: Maximum One Real Estate Group, Llc (770) 919-8825

Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, January 30 2025 at 11:51 p.m. EST

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