Atlanta, GA 30315 2148 Meador Avenue SE

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Presented By: Gabriel Z Bettsack with Keller Williams Rlty-Atl.North;
  • MLS# 10354299
  • 08/08/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

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.
Presented By: Gabriel Z Bettsack with Keller Williams Rlty-Atl.North;

Interior Features for 2148 Meador Avenue SE

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Fireplaces

General for 2148 Meador Avenue SE

Association Fee IncludesNone
Attached Garage No
Body of WaterNone
Building Area UnitsSquare Feet
Carport Y/NYes
CityAtlanta
Community FeaturesNone, Near Public Transport, Walk To Schools, Near Shopping
Construction MaterialsBrick
CoolingCentral Air
CountyFulton
DirectionsGps Friendly
Electric Expense
Elementary SchoolDobbs
Fuel Expense
Garage Y/NNo
Gross Income
HOA
HeatingCentral
High SchoolSouth Atlanta
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet14418.36
Lot Size UnitsSquare Feet
MaintenanceExpense0
Middle/Junior High SchoolLong
ModificationTimestamp2024-09-22T05:05:59.000Z
New ConstructionNo
NumberOfUnitsTotal2
Property ConditionUpdated/Remodeled
Property SubTypeMulti Family
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameCloverdale
Tax Annual Amount4262
Tax Year2023
UtilitiesUnderground Utilities
View Y/NNo
Waterfront Y/NNo
Year Built1959

Exterior for 2148 Meador Avenue SE

Horse Y/NNo
Lot Size Acres0.331
Lot Size Area14418.36
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

Middle School Long Middle School
High School South Atlanta High School
Elementary School Dobbs Elementary School

Worth Clark

Price $289,900
MLS#10354299
List Date 08/08/2024
Property Type Multi-Family
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