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This is for the CASHFLOW INVESTOR CASH Cow Guaranteed Section 8 rental income !!! Seller has Certified desktop appraisal value at 335k !!! $3,320.00 monthly income Or $4,320.00 monthly income with converting Basement into additional studio apartment unit !!! This is a nicely renovated single family home set up like a duplex. The main level has two units . Section 8 tenants scheduled to move in on 10/25/2024. Unit A is 1BR/1BA - has an approved rent amount at $1,720.00 and unit B also 1BR/1BA has approved rent amount at $1,600 . The unfinished basement has rough plumbing set up for bathroom & kitchen and can be easily converted into a studio apartment ; therefore an investor can maximize rental incomes . Seller's license general contractor has a written bid for $25,000 to convert basement into a studio apartment . Property has two separate gas meters !! Cash buyers preferred!! Preferred Closing date - buyer will close with section 8 activated contracts on or before 10/25/24 Seller is open to buyers using conventional financing as well!! Seller is providing a 2 year home warranty at closing
DAYS ON MARKET | 49 | LAST UPDATED | 10/29/2024 |
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TRACT | Hunter Hills | YEAR BUILT | 1940 |
COUNTY | Fulton | STATUS | Conditional |
PROPERTY TYPE(S) | Single Family |
Elementary School | Out of Area |
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Jr. High School | J. L. Invictus Academy |
High School | Douglass |
PRICE HISTORY | |
Prior to Oct 18, '24 | $329,999 |
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Oct 18, '24 - Oct 19, '24 | $319,999 |
Oct 19, '24 - Today | $329,999 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AMENITIES | Insurance |
APPLIANCES | Oven , Range |
BASEMENT | Full, Unfinished, Yes |
CONSTRUCTION | Concrete |
EXTERIOR | Other |
FIREPLACE | Yes |
HEAT | Central |
INTERIOR | Wet Bar |
LOT | 8276 sq ft |
LOT DESCRIPTION | Level |
PARKING | Off Street |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | A-frame, Brick Front |
SUBDIVISION | Hunter Hills |
TAXES | 1554.49 |
UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available |
VIEW | Yes |
VIEW DESCRIPTION | City |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.