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$500,000
7808412 MLS
Turn-key, fully renovated upstairs/downstairs duplex offering an excellent opportunity for investors, 1031 exchange buyers, or owner-occupants seeking a house-hack strategy. Each unit features 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. Both units are expected to be vacant at closing, providing the new owner flexibility to lease both units or occupy one while renting the other. Projected rental income is up to $2,000 per month per unit, or $4,000 monthly/$48,000 annually, subject to market conditions and applicable program requirements. Potential 6.4%+ cap rate based on projected income and expenses. Owner-occupants may have access to down payment assistance opportunities through Invest Atlanta and Atlanta Housing, subject to buyer, property, lender, and program eligibility and guidelines. Atlanta Housing voucher participants may also have homeownership opportunities through applicable programs, subject to qualification and approval. Recently renovated and designed for low-maintenance ownership, this property also features ample parking with a wrap-around driveway and great backyard space with plenty of potential for outdoor entertaining or creating your own private oasis. Proven rental history, turn-key condition, and immediate leasing potential make this a property worth considering. Motivated seller and priced to sell. Owner/Agent.

238 Anderson Avenue, Atlanta

$289,900
7791656 MLS
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**

2065 Morehouse Drive, Atlanta

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