Description
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.
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2BEDS
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0.33ACRES
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2BATHS
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01/2 BATHS
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1,054SQFT
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$275$/SQFT
School Information
Description
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.
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