Guaranteed government-backed rental income duplex with strong upside potential.
This income-producing property generates $2,700 per month in rental income and is fully occupied with long-term tenants. Both units were renovated last year.
Unit A: $1,350/month – Section 8 tenant through Atlanta Housing Authority
Unit B: $1,350/month – Georgia State government tenant
Projected After Repair Value (ARV) of approximately $350,000 with an estimated $10,000 in remaining improvements. Additional opportunity to add an Accessory Dwelling Unit (ADU). Seller estimates that completion of an ADU (approximate cost $50,000) may support an appraised value near $450,000 (buyer to verify).
Property is being sold AS-IS
No due diligence period.
$3,000 earnest money, non-refundable.
Excellent opportunity for investors seeking stabilized rental income with value-add potential.