2148 Meador Avenue SE
Atlanta, GA 30315
2 beds | 2 baths | 0.33 acres | #7434707
Description
This Section 8 income-producing property generates $2,700 per month. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards 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. 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 to request a comprehensive financial analysis.
Interior Details
- InteriorEntrance Foyer, Recessed Lighting, Wet Bar
Beds & Baths
- Bedrooms2
- Bathrooms2
- Full Baths2
- Bedrooms on Main Level2
Property Details
- Lot DescriptionBack Yard, Cleared, Front Yard, Landscaped, Level
- Exterior MaterialsLighting, Rain Gutters, Rear Stairs
- ViewTrees/Woods
Measurements
- Acres0.3306
Parking
- Parking FeaturesCarport
- Parking TypeCarport
Construction Details
- Basement DescriptionDaylight, Exterior Entry, Unfinished
- StyleTraditional
- Property TypePurchase
- Basement1
- Basement Finished1
Condition
- Year Built1959
Utilities / Energy Details
- Utility FeaturesElectricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionCloverdale
Location
- Elementary SchoolJohn Wesley Dobbs
- Middle SchoolCrawford Long
- High SchoolSouth Atlanta
- CountyFulton - GA
Financial Details
- Original List Price$329,000
- Taxes Annual$4,262
Other
- MLS #7434707
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Gabriel Bettsack (#BETTSACK)
Listing Office: Keller Williams Realty Atl North (#KWEC01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
