2977 5TH STREET SW
Atlanta, GA 30315
0.25 acres | #7492121
Description
Amazing Investment Property! $4,500 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 $4,500 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.
Property Details
- Lot DescriptionIrregular Lot
- ViewCreek/Stream
Measurements
- Acres0.253
Parking
- Parking FeaturesParking Lot
Construction Details
- Property TypePurchase
Condition
- Year Built1950
Utilities / Energy Details
- Utility FeaturesCable Available, Electricity Available, Sewer Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionHammond Park
Location
- Elementary SchoolEmma Hutchinson
- Middle SchoolCrawford Long
- High SchoolSouth Atlanta
- CountyFulton - GA
Financial Details
- Original List Price$365,000
- Taxes Annual$3,809
Other
- MLS #7492121
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Gabriel Bettsack (#BETTSACK)
Listing Office: Keller Williams Realty Atl North (#KWEC01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.