Homes for sale - 2148 Meador AVE SE, Atlanta, GA 30315

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Nattalie De La Mothe (Cornwall)

nattaliedelamothe@gmail.com +1(678) 270-7127

$ 309,000

Est. payment | -/mo

2 Beds

2 Baths

1,054 SqFt

Save

$ 309,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,054 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Price Change

Purchase Type For Sale

Square Footage 1,054 sqft

Price per Sqft $293

Subdivision Cloverdale

MLS Listing ID 10518495

Style Brick 3 Side,Brick Front

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1959

Annual Tax Amount $3,299

Tax Year 22

Lot Size 0.331 Acres

Acres 0.331

Lot Dimensions 14418.36

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

If you're an investor looking for your next high-yield opportunity, stop scrolling - because this one checks every box, and then some. Located in the heart of Lakewood - one of the most sought-after rental zones in the state - this fully occupied single-family home is already performing like a duplex... and with just one move, it becomes a powerful triplex cash-flow machine. Here's how it breaks down: the main unit is rented through Section 8 at $1,500 a month - guaranteed, consistent income. In the rear, there's a fully functional in-law suite currently listed on Airbnb, bringing in about $500 a week. That's short-term rental income already flowing. But it doesn't stop there - the basement is unfinished, but with a simple conversion, it's ready to become a 2-bedroom rental unit. And with Lakewood's STR demand, you're looking at an additional $2,500 a month in projected income. So what do we have? Three separate rental streams. All on one property. All in a red-hot location. And just when you think it can't get better - there's a vending machine on-site generating an extra $1,500 a month. Passive. Predictable. Profitable. Now, let's talk financing. The seller has a connection to DSCR lending with rates in the low 6% range - so whether you're buying for long-term cash flow or a short-term BRRRR strategy, your numbers are looking strong. Here's the deal: highest and best offers are due by Friday, May 23rd. That means you've got a limited window to walk it, run your numbers, and lock this in. So if you're serious about building real, scalable cash flow - this is your moment. Reach out now, schedule your showing, and let's get you in before this one's gone.

Location

State GA

County Fulton

Rooms

Other Rooms Other

Basement Bath/Stubbed, Unfinished

Dining Room Separate Room

Interior

Interior Features Separate Shower, Wet Bar

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Laminate, Vinyl

Fireplaces Type Other

Fireplace Yes

Appliance Microwave, Stainless Steel Appliance(s)

Laundry In Basement

Exterior

Exterior Feature Balcony, Dock

Parking Features Carport, Parking Pad

Fence Back Yard, Fenced, Front Yard

Community Features Near Public Transport, Near Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Underground Utilities, Water Available

View Y/N Yes

View City

Roof Type Composition,Tar/Gravel

Garage No

Private Pool No

Building

Lot Description Level

Faces GPS Friendly

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Dobbs

Middle Schools Long

High Schools South Atlanta

Others

HOA Fee Include None

Tax ID 14 005900010562

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Resale

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(678) 270-7127

nattaliedelamothe@gmail.com

1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067

2148 Meador AVE SE Atlanta, GA 30315