10 Rockmart DR NW Under Contract

Atlanta,GA 30314

$ 329999

2 Beds

2 Baths

1000 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $329

Subdivision Hunter Hills

MLS Listing ID 10386308

Style A-frame,Brick Front

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $1,554

Tax Year 2022

Lot Size 8,276 Sqft

Property Description

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

Location

State GA

County Fulton

Rooms

Basement Full,Unfinished

Main Level Bedrooms 2

Interior

Interior Features Wet Bar

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type Factory Built,Gas Starter

Exterior

Exterior Feature Other

Parking Features Off Street,Side/Rear Entrance

Garage Spaces 2.0

Fence Other

Community Features Walk To Public Transit,Walk To Schools,Walk To Shopping

Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Sewer Available,Sewer Connected,Underground Utilities,Water Available

View City

Roof Type Tar/Gravel

Building

Story One

Foundation Block

Sewer Public Sewer

Level or Stories One

Structure Type Other

Construction Status Resale

Schools

Elementary Schools Out Of Area

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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