2065 Morehouse Drive NW
Atlanta, GA 30314
- 2 beds
- 2 baths
- 1,200 sqft
- 9,017 sqft lot
- $282 per sqft
- 1938 build
- – on site
INVESTORS or Owner-Occupant Buyers!! This fully renovated single-family home is set up like a duplex, offering GUARANTEED RENT with a total rental income of $2,730 and built-in equity of $25,000. The seller has a certified appraisal value of $350,000. Unit A is currently occupied by a Section 8 tenant generating $1,360 ($1,250 in monthly rent and a $110 appliance fee). Unit B (in-law suite) has been approved for $1,360 ($1,250 plus a $110 utility fee) through a state program. The tenant for Unit B is scheduled to move in on 01/01/2025, or a first-time homebuyer can choose to live in the in-law suite instead of accepting the government tenant. The property has two gas meters, and the seller's general contractor is in the process of installing a new HVAC system for Unit B. This is a great opportunity to achieve a 15% annual cap with a 30-year mortgage. Additionally, the seller is offering a 1-YEAR HOME WARRANTY.
Listing courtesy of GAMLS / Gabriel Bettsack / Keller Williams Rlty-Atl.North
Last checked:
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Last updated Jan 14, 2025
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MLS# 10419427 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1938
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Construction Materials:Vinyl Siding
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Architectural Style:Modular Home, Ranch
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Structure Type:House
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Roof:Composition
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Levels:One
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Basement:None
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Total Finished Area:1200
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Above Grade Finished:1200
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Living Area Source:Owner
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Common Walls:No Common Walls
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Window Features:Double Pane Windows, Window Treatments
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Patio And Porch Features:Deck
Interior
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Interior Features:Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)
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Kitchen Features:Breakfast Area, Breakfast Room, Pantry, Second Kitchen
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Security Features:Smoke Detector(s)
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Flooring:Carpet, Vinyl
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Rooms:Family Room, Foyer, Laundry
Financial & Terms
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Home Warranty:Yes
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Possession:Close Of Escrow
Location
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Latitude:33.760978
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Longitude:-84.454941
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Updated/Remodeled
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Lot:21
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Lot Features:Level
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Lot Size Acres:0.207
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Lot Size Source:Public Records
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Parcel Number:14 017400070038
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Leased Land:No
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Land Lot:174
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Fencing:Fenced, Front Yard, Wood
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Waterfront Footage:No
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Waterfront Features:No Dock Or Boathouse
Listing Agent
- Contact info:
- Agent phone:
- (770) 509-0700
- Office phone:
- (770) 509-0700
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,676
Beds
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Bedrooms:2
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Bed Main:2
Baths
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Full Baths:2
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Main Level Full Baths:2
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:Common Area
Schools
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District:14
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Elementary School:Woodson
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Middle School:Other
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High School:Douglass
The Community
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Subdivision:Dixie Hills
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Community Features:Walk To Public Transit, Walk To Schools, Walk To Shopping
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Kitchen Level, Parking Pad
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Parking Total:2
Monthly cost estimate
Asking price
$339,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,815
|
Taxes | $306 |
Insurance | $93 |
Utilities | $173 See report |
Total | $2,387/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/26/24
Nov 26, 2024
|
Relisted | GAMLS | $339,000 | 17.3% (13.3% / YR) |
8/10/23
Aug 10, 2023
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FMLS | $289,000 | ||
8/3/23
Aug 3, 2023
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FMLS | $289,000 |