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(205) 410-1005
LoKation Real Estate LLC
200 Meador Se Way, Atlanta, GA 30315
- $269,900
- List Price
- $269,900
- Status
- ACTIVE
- Days on Market
- 85
- Price Change
- ▼ $10,100 1790114794
- MLS#
- 7824242
- Subtype
- Residential Income
- Year Built
- 1957
- Lot Size
- 8,999
- Acres
- 0.21
- Subdivision
- Lakewood Heights
- Neighborhood
- Lakewood Heights
Property Description
Investors, don’t miss this well maintained, turnkey duplex with both units fully occupied and generating a combined monthly rental income of $3,000 ($1,500 per unit). Rental payments are supported through the Atlanta Housing Authority (AHA), offering investors an established rental assistance payment structure and the potential for more predictable rental income. The property has benefited from several notable property improvements and upgrades, including a newer roof, newer windows, newer water heater, exterior paint, renovated kitchens and bathrooms, updated plumbing and electrical systems, and additional interior enhancements. These improvements contribute to the property's overall functionality, appeal, and long term value. An added benefit for investors is the AHA supported rental income, offering an established rental payment structure and the potential for more predictable rental income. With both units fully occupied and rental income already in place, a new owner can step into an established investment. Whether you're a first time investor entering the rental market or an experienced investor looking to expand your portfolio, this duplex offers an opportunity to acquire a well maintained, updated, income producing asset. Conveniently located with easy access to major highways and public transportation, this property combines established occupancy, AHA supported rental income, desirable improvements, and long term investment potential. Add this fully occupied duplex to your investment portfolio and take advantage of an established, income producing rental opportunity!
Additional Information
- Taxes
- $3,574
- Flooring
- Ceramic Tile, Luxury Vinyl
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick, Vinyl Siding
- Stories
- One
- Levels
- One
- Roof
- Composition
- Parking
- Carport
- Elementary School
- John Wesley Dobbs
- Middle School
- Crawford Long
- High School
- South Atlanta
- View
- Neighborhood
Listing courtesy of Atlanta Communities.
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