ABCD Properties

2383 Dupree Ave NW, Atlanta, GA 30318 $24.900

If you're building wealth through your rental portfolio this duplex will be a great addition.

With a purchase price of $24,900, $40,000 in repairs, and an ARV of $95,000 (There's a turnkey duplex next door on the market for $98,000), you're looking at $30,000 in instant equity.

The total square footage is 1,472, with 2 bedrooms, 1 bathroom and 972 square feet up top; 1 bedroom, 1 bathroom, a full kitchen, and 500 square feet below.
Section 8 will pay $650/ month for the 2/1 and you can command $550/ month for the 1/1 netting you $1,200/month rent.

With taxes being $600/ year, after hold backs you're looking at a 19% Cap Rate.
Click the link for the pictures: https://www.dropbox.com/sh/r9gczmkro55b7d5/AAB-Q8VLmzG-jqTCqMIczDmBa?dl=0

Contact us today if you're interested in this opportunity!

2383 Dupree Ave NW Shared with Dropbox