238 Anderson Avenue, Atlanta, GA 30314
- $515,000
- List Price
- $515,000
- Price Change
- ▼ $10,000 1787180268
- MLS#
- 10812076
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi Family, Duplex
- Lot Size
- 0.107
- Subdivision
- DIXIE HILLS
Property Description
Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2,000/month per unit - $4,000/month gross ($48,000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell - ideal for buy-and-hold investors and house hackers seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.
Additional Information
- Stories
- 2 Stories
- Year Built
- 1948
- Parking
- Side/Rear Entrance
- Sewer
- Public Sewer
- Elementary School
- F L Stanton
- High School
- Douglass
- Acres
- 0.11
- Levels
- Two
Listing courtesy of Keller Williams West Atlanta.
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