10 Rockmart DR NW Atlanta, GA 30314
2 Beds
2 Baths
784 SqFt
UPDATED:
10/29/2024 03:09 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $420
Subdivision Hunter Hills
MLS Listing ID 7463428
Style Ranch,Other
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1940
Annual Tax Amount $716
Tax Year 2023
Lot Size 8,267 Sqft
Acres 0.1898
Property Description
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
Lake Name None
Rooms
Bedroom Description In-Law Floorplan,Master on Main,Sitting Room
Other Rooms None
Basement Bath/Stubbed, Daylight, Unfinished, Walk-Out Access, Other
Main Level Bedrooms 2
Dining Room Open Concept, Other
Interior
Interior Features High Speed Internet, Wet Bar
Heating Central, Electric, Forced Air
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type None
Window Features Insulated Windows,Window Treatments
Appliance Gas Range, Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Lighting, Private Yard
Parking Features Driveway, Kitchen Level, On Street
Fence None
Pool None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Other
Roof Type Asbestos Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch None
Private Pool false
Building
Lot Description Back Yard
Story One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Ranch, Other
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools F.L. Stanton
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Restrictions false
Tax ID 14 014100020397
Special Listing Condition In Foreclosure