$299,000
For Sale

2148 Meador Avenue SE

Atlanta, GA 30315
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This Section 8 income-producing property is approved for $2,700 per month. It currently generates $1,350, with one tenant occupying the main unit. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller is contributing $5,000 toward 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, OR live in one unit and rent out the other to offset the mortgage payment. 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 for a comprehensive financial analysis.

  • Property Details
      • ViewTrees/Woods
      • Lot DescriptionLevel
    • Measurements
      • Acres0.3306
    • Parking
      • Parking FeaturesCarport
      • Parking TypeCarport
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1959
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCloverdale
    • Location
      • Elementary SchoolJohn Wesley Dobbs
      • Middle SchoolCrawford Long
      • High SchoolSouth Atlanta
      • CountyFulton - GA
  • Financial Details
      • Original List Price$329,000
      • Taxes Annual$4,262
  • Other
      • MLS #7434738

Location

Josh BowserReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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