10 Rockmart DR NW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hunter Hills
MLS Listing ID 7463447
Year Built 1940
Annual Tax Amount $716
Tax Year 2023
Lot Size 8,267 Sqft
Property Description
This is for the CASHFLOW INVESTOR CASH Cow Guaranteed Section 8 rental income !!! Seller has Certified desktop appraisal value at 335k !!! $3,320.00 monthly income Or $4,320.00 monthly income with converting Basement into additional studio apartment unit !!! This is a nicely renovated single family home set up like a duplex. The main level has two units . Section 8 tenants scheduled to move in on 10/25/2024. Unit A is 1BR/1BA - has an approved rent amount at $1,720.00 and unit B also 1BR/1BA has approved rent amount at $1,600 . The unfinished basement has rough plumbing set up for bathroom & kitchen and can be easily converted into a studio apartment ; therefore an investor can maximize rental incomes . Seller?s license general contractor has a written bid for $25,000 to convert basement into a studio apartment . Property has two separate gas meters !! Cash buyers preferred!! Preferred Closing date - buyer will close with section 8 activated contracts on or before 10/25/24 Seller is open to buyers using conventional financing as well!! Seller is providing a 2 year home warranty at closing
Location
State GA
County Fulton
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Vinyl
Exterior
Garage Paved
Fence None
Community Features Other
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View City
Roof Type Asbestos Shingle
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
Schools
Elementary Schools F.L. Stanton
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Acceptable Financing 1031 Exchange,Cash,VA Loan
Listing Terms 1031 Exchange,Cash,VA Loan
Special Listing Condition None