2977 5th ST SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hammond Park
MLS Listing ID 10563793
Year Built 1950
Annual Tax Amount $1,538
Tax Year 22
Lot Size 0.254 Acres
Property Sub-Type Multi Family,Duplex
Property Description
Investor Special or Perfect for First-Time Homebuyer! Rare opportunity to own a single-family home set up like a duplex, currently operating as a high-performing Airbnb with consistent occupancy between 80-100%. Each unit is generating an average of $4,200/month in short-term rental income. The property features two separate living spaces with private entrances, ideal for house hacking or rental income. Live in one unit and rent out the other, or continue operating both as a turnkey short-term rental business. Home is fully furnished and currently fully occupied with Airbnb guests including flight crews, travel nurses, and business travelers. Seller offering $9,000 in closing cost assistance, making this an ideal property for FHA buyers. Ask about options for a 40-year FHA mortgage to lower monthly payments and increase affordability. Key Highlights: Single-family home with duplex-style layout Strong Airbnb income history High occupancy with recurring travel clientele Average combined rental income: ~$8,400/month Seller to contribute $9,000 toward buyer's closing costs FHA/first-time buyer friendly - potential for low/no money down Live in one unit, rent the other - or rent both Fully furnished and rental-ready Ask about 40-year FHA loan options to reduce monthly payment This is a unique opportunity to own a property that offers both a primary residence and income-producing potential from day one. Buyer to verify all information. Showings by appointment only.
Location
State GA
County Fulton
Interior
Heating Central,Electric,Natural Gas
Cooling Attic Fan,Ceiling Fan(s),Central Air
Laundry Other
Exterior
Parking Features None
Community Features Near Public Transport,Walk To Schools,Near Shopping
Utilities Available Sewer Connected,Underground Utilities
View Y/N No
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Siding
New Construction No
Schools
Elementary Schools Hutchinson
Middle Schools Long
High Schools South Atlanta
Others
Acceptable Financing Cash,Conventional,Credit Report Required
Listing Terms Cash,Conventional,Credit Report Required
Special Listing Condition Resale