2148 Meador Avenue SE Atlanta, GA 30315
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.
- Property TypeMulti-Family
- NeighborhoodCloverdale
- CountyFulton
- Taxes$4,262
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number10354299
- Home Size Source N/A
- Year Built1959
- Lot Size0.331 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 2148 Meador Avenue SE Atlanta, GA 30315
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General Features
- Construction Brick
- Parking Carport
- Parking Spaces 2
- Sewer Public Sewer
- Basement None
- Number of Stories 2
- Acreage 0.331
- Water Public
- Utilities Underground Utilities
- Property Condition Updated/ Remodeled
Interior Features
- Cooling Central Air
- Heating Central
- Fireplaces 0
Community Features
- Association Dues 0
- Community Features NoneWalk To Public TransitWalk To SchoolsWalk To Shopping