GA > Atlanta > Dixie Hills
Atlanta, GA 30314,2065 Morehouse DR NW
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Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
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Engel & Völkers North Georgia Mountains

Engel & Völkers North Georgia Mountains

+1(706) 406-5572
$ 329,000
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2065 Morehouse DR NW Atlanta, GA 30314

8,999 Sqft Lot

UPDATED:

01/31/2025 01:02 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Dixie Hills

MLS Listing ID 7516801

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1938

Annual Tax Amount $3,894

Tax Year 2024

Lot Size 8,999 Sqft

Acres 0.2066

Property Description

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

State GA

County Fulton

Lake Name None

Interior

Heating Central, Separate Meters

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Vinyl

Window Features None

Exterior

Parking Features None

Fence None

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Waterfront Description None

View City

Roof Type Asbestos Shingle,Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding,Wood Siding

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Woodson Park Academy

Middle Schools Fulton - Other

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 017400070038

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Maximum One Greater Atlanta Realtors
MARKETING TRENDS
Beds
Baths
Dixie Hills, Atlanta, GA

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2065 Morehouse DR NW