2977 5TH ST SW Atlanta, GA 30315
UPDATED:
12/21/2024 08:39 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $265
Subdivision Hammond Park
MLS Listing ID 7492118
Style Bungalow
Bedrooms 3
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1950
Annual Tax Amount $3,809
Tax Year 2023
Lot Size 0.253 Acres
Acres 0.253
Property Description
$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
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms Shed(s)
Basement None
Main Level Bedrooms 3
Dining Room Open Concept
Interior
Interior Features Entrance Foyer 2 Story
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Brick
Window Features None
Appliance Dishwasher, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Lighting, Storage
Parking Features Parking Lot
Fence Fenced
Pool None
Community Features Airport/Runway, Concierge
Utilities Available Cable Available, Electricity Available, Sewer Available
Waterfront Description None
View Creek/Stream
Roof Type Shingle
Street Surface Asphalt
Accessibility Accessible Doors
Handicap Access Accessible Doors
Porch Rear Porch
Total Parking Spaces 4
Private Pool false
Building
Lot Description Back Yard, Irregular Lot
Story One
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Structure Type Brick Front
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Emma Hutchinson
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Restrictions false
Tax ID 14 009300040591
Special Listing Condition None
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