2065 morehouse drive nwAtlanta, GA 30314

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.