Atlanta, GA 30314 10 Rockmart Drive NW

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Presented By: Maximum One Greater Atlanta Realtors
  • MLS# 7463447
  • 09/29/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2
  • Baths • 2

Home Details

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
Presented By: Maximum One Greater Atlanta Realtors

Interior Features for 10 Rockmart Drive NW

Bathrooms

Total Baths

Other Interior Features

FlooringVinyl
Window FeaturesWindow Treatments

General for 10 Rockmart Drive NW

AccessibilityNone
Body of WaterNone
Cap Rate5.2
CityAtlanta
Community FeaturesOther
Construction MaterialsAluminum Siding, Vinyl Siding
CoolingCeiling Fan(s), Central Air
CountyFulton - GA
Days on Market1
DirectionsUSE GBS
Elementary SchoolF.L. Stanton
Energy EfficientNone
Green Energy GenerationNone
Gross Income39840
HeatingCentral
High SchoolFrederick Douglass
Home Owner AssocNo
Home Warranty Y/NNo
Legal DescriptionLegal Description
LevelsOne
Middle/Junior High SchoolJohn Lewis Invictus Academy/Harper-Archer
Net Operating Income17160
NumberOfUnitsTotal2
Occupancy TypeVacant
Operating Expense22680
PossessionClose Of Escrow
Property ConditionResale
Property SubTypeDuplex
Property TypeResidential Income
RoofAsbestos Shingle
Security FeaturesNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHunter Hills
Tax Annual Amount716
Tax Year2023
UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
ViewCity
Waterfront FeaturesN
Year Built1940

Exterior for 10 Rockmart Drive NW

FencingNone
Lot Dimensions52x143x60x169
Lot FeaturesOther
Lot Size Acres0.1898
Lot Size SourcePublic Records
Parking FeaturesPaved
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Frederick Douglass High School
Elementary School F.L. Stanton Elementary School
Middle School John Lewis Invictus Academy/Harper-Archer Middle School

Worth Clark

Price $329,999
MLS#7463447
List Date 09/29/2024
Property Type Multi-Family
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