2148 Meador Avenue Se Atlanta , GA 30315

Courtesy of Gabriel Bettsack, Keller Williams Realty Atl North

Description

2 Beds
2 Baths
1,054 Sqft
14,400 Sqft lot
0.33 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1959
Neighborhood: Cloverdale
Days on Website: 48
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.

Open House

Property Details and Features

Contact an Agent

Keith Sharp

404-604-3800 678-778-8774

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