2977 5TH Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Hammond Park
MLS Listing ID 10420156
Year Built 1950
Annual Tax Amount $3,809
Tax Year 2023
Lot Size 0.253 Acres
Property Description
DUPLEX DUPLEX!!! $4,175 POTENTIAL MONTHLY AIRBNB GROSS INCOME! This Single-Family Home is set up like a DUPLEX, making it a GREAT OPPORTUNITY for a FIRST-TIME HOMEBUYER or an AIRBNB INVESTOR. The property is located in an area with HIGH DEMAND from AIRBNB GUESTS and has been FULLY RENOVATED. The Main Unit is a 2-Bedroom, 1-Bath, while the Second Unit is an In-Law Suite (1-Bedroom, 1-Bath). Projected Airbnb Data estimates a $2,575 MONTHLY INCOME. A FIRST-TIME HOMEBUYER could live in the Main Unit and rent out the In-Law Suite, helping OFFSET MORTGAGE PAYMENTS. Alternatively, an INVESTOR could Airbnb both units and achieve a 12% ANNUAL CAP RATE. 100% financing programs are available.
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Carport,Garage
Garage Spaces 4.0
Community Features Airport/Runway
Utilities Available Electricity Individual Meters,Other,Sewer Connected
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Hutchinson
Middle Schools Long
High Schools South Atlanta
Others
Special Listing Condition Updated/Remodeled