2065 Morehouse DR NW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Dixie Hills
MLS Listing ID 7541425
Year Built 1938
Annual Tax Amount $3,676
Tax Year 2023
Lot Size 8,999 Sqft
Property Sub-Type Other
Property Description
Unlock the potential of this income-generating duplex-style property in one of Atlanta's fastest-growing neighborhoods. Fully renovated in 2023 with a new roof, updated plumbing, kitchens, and baths, this R5-zoned home features two long-term Section 8 tenants generating $2,600/month, covering holding costs while you complete the legal duplex conversion. Included are a certified $425K ARV appraisal and architectural drawings for conversion, with estimated costs of just $25K (electrical separation, new HVAC, cosmetic upgrades, and permits). Seller financing is available, subject to the existing hard money lender, with only $35K down and no origination points. With a projected $75,000+ profit post-conversion, this is a rare opportunity to secure a cash-flowing, high-margin investment in a prime Atlanta location. Contact us today to schedule a walkthrough or request full financials.
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Vinyl
Exterior
Parking Features Driveway,Level Driveway
Fence Fenced,Front Yard,Wood
Community Features Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Woodson Park Academy
Middle Schools Fulton - Other
High Schools Frederick Douglass
Others
Acceptable Financing Cash,Conventional,FHA,Owner May Carry,VA Loan
Listing Terms Cash,Conventional,FHA,Owner May Carry,VA Loan
Special Listing Condition None