Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**
39 days
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348
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26
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Zillow last checked:
Listing updated:
Listed by:
Rick Wiley404-620-1400,
Coldwell Banker Realty
Source: GAMLS,MLS#: 10789752
Facts & features
Interior
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Total spaces: 4
Parking features: Parking Pad
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Body of water: None
Lot
Size: 9,016 Square Feet
Details
Parcel number: 14 017400070038
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Materials
Vinyl Siding
Condition
Updated/Remodeled
New construction: No
Year built: 1938
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities
Green energy
Energy efficient items: Insulation, Roof, Thermostat
Community & HOA
Community
Features: Golf, Park, Playground, Pool, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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