2148 Meador AVE SE Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,054 sqft
Price per Sqft $283
Subdivision Cloverdale
MLS Listing ID 7434707
Style Traditional
Bedrooms 2
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1959
Annual Tax Amount $4,262
Tax Year 2023
Lot Size 0.331 Acres
Acres 0.3306
Property Description
This Section 8 income-producing property is approved for $2,700 per month. It currently generates $1,350, with one tenant occupying the main unit. The fully renovated home features 2 bedrooms, 2 bathrooms, and includes a private in-law suite with a kitchenette. The seller is contributing $5,000 toward 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, OR live in one unit and rent out the other to offset the mortgage payment. 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 for a comprehensive financial analysis.
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description Double Master Bedroom,In-Law Floorplan,Split Bedroom Plan
Other Rooms None
Basement Daylight,Exterior Entry,Unfinished
Main Level Bedrooms 2
Dining Room Open Concept
Bedroom Entrance Foyer,Recessed Lighting,Wet Bar
Interior
Interior Features Entrance Foyer,Recessed Lighting,Wet Bar
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Window Features Insulated Windows,Window Treatments
Appliance Electric Range,Gas Range,Range Hood
Laundry Common Area,In Basement
Exterior
Exterior Feature Lighting,Rain Gutters,Rear Stairs
Garage Carport
Fence Back Yard,Fenced
Pool None
Community Features Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway
Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Covered,Deck,Side Porch
Parking Type Carport
Private Pool false
Building
Lot Description Back Yard,Cleared,Front Yard,Landscaped,Level
Story Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Brick,Brick 4 Sides
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools John Wesley Dobbs
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Restrictions false
Tax ID 14 005900010562
Special Listing Condition None