2148 Meador AVE SE Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Cloverdale
MLS Listing ID 7434738
Year Built 1959
Annual Tax Amount $4,262
Tax Year 2023
Lot Size 0.331 Acres
Property Description
This Section 8 income-producing property is approved for $2,700 per month. It currently generates $1,350, with one tenant occupying the main unit. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller is contributing $5,000 toward closing costs and offering a complimentary one-year home warranty. Capitalize on the demand for Section 8 housing and secure a combined rental income of $2,700 per month, OR live in one unit and rent out the other to offset the mortgage payment. This cash cow boasts upgraded HVAC, kitchen, bathrooms, stainless steel appliances, water heater, and updated electrical and plumbing systems. The property is in a prime location near the interstate, downtown Atlanta, Southside Beltline, and Lakewood Amphitheater. Contact the listing agent for a comprehensive financial analysis.
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Garage Carport
Fence Back Yard,Fenced
Community Features Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway
Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick,Brick 4 Sides
New Construction No
Schools
Elementary Schools John Wesley Dobbs
Middle Schools Crawford Long
High Schools South Atlanta
Others
Special Listing Condition None