2065 Morehouse Drive NW
Atlanta, GA 30314
0.21 acres | #7541425
Description
Unlock the potential of this income-generating duplex-style property in one of Atlanta’s fastest-growing neighborhoods. Fully renovated in 2023 with a new roof, updated plumbing, kitchens, and baths, this R5-zoned home features two long-term Section 8 tenants generating $2,600/month, covering holding costs while you complete the legal duplex conversion. Included are a certified $425K ARV appraisal and architectural drawings for conversion, with estimated costs of just $25K (electrical separation, new HVAC, cosmetic upgrades, and permits). Seller financing is available, subject to the existing hard money lender, with only $35K down and no origination points. With a projected $75,000+ profit post-conversion, this is a rare opportunity to secure a cash-flowing, high-margin investment in a prime Atlanta location. Contact us today to schedule a walkthrough or request full financials.
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
- Parking FeaturesDriveway, Level Driveway
- Fence DescriptionFenced, Front Yard, Wood
- Elementary SchoolWoodson Park Academy
- High SchoolFrederick Douglass
- Property ConditionUpdated/Remodeled
- Middle SchoolFulton - Other
- Sewer InformationPublic Sewer
- ViewTrees/Woods
- SubdivisionDixie Hills
- CountyFulton - GA
- Parking TypeDriveway
- Property TypePurchase
- Original List Price$339,000
- MLS #7541425
- MLS #7541425
- Acres0.2066
- Utility SourcePublic
- Taxes Annual$3,676
- Cost329000
- Lot DescriptionLevel
- Property SubtypeOther
- Year Built1938
- Fence1
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Gabriel Bettsack (#BETTSACK)
Listing Office: Keller Williams Realty Atl North (#KWEC01)
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