8,267 Sqft Lot
8,267 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hunter Hills
MLS Listing ID 7575573
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1940
Annual Tax Amount $716
Tax Year 2023
Lot Size 8,267 Sqft
Acres 0.1898
Property Sub-Type Duplex
Property Description
Attention Airbnb Investors & First-Time Homebuyers!
This is an incredible investment deal you don't want to miss! A renovated single-family home currently with two units with 2 active Airbnb units, plus a high-potential basement conversion—all in a prime tourism location!
Key Features:
• (in law suite )Designed like a 5-star hotel, this unit is already generating steady bookings on Airbnb, VRBO, and other travel platforms. It's been live for only one week and is already making $550/week! With 3 beds , this unit maximizes guest capacity for higher returns in a smaller space.
• main unit - The Seller is converting this larger unit into an Airbnb as well, which will generate even more incomethan in law suite With its size and prime location, this unit has massive earning potential!
• Prime Location: Just 5 minutes from Mercedes-Benz Stadium, in a hot tourist area near major attractions. The demand for short-term rentals is high in this area, making it a lucrative investment opportunity.
• Basement Conversion Options:
? Option 1: Convert the unfinished basement into a studio apartment—the Seller has a $35,000 bid to complete the renovation from license contractor . The contractor is also offering to advance 50% of the renovation costs, allowing the buyer to maximize leverage and increase their return on investment.
? Option 2: Alternatively, turn the basement into a game room and food lobby with vending machines for additional income. The contractor bid to create this space is $12,000, and it could generate an extra $1,500/month in net revenue, similar to a hotel-style amenity.
Financial Highlights:
• Earn up to $8,000/month with all 3 Airbnb units
• Seller 30 year lenders financing options: Take advantage of low-interest rates (as low as 6%) through DCSR loans with the Seller's connections.
This is a turnkey property with immediate income potential, perfect for Airbnb investors looking to scale quickly or first-time homebuyers interested in a property that works for them right out of the gate.
Don't miss out on this high-return investment opportunity! Contact us today to schedule a viewing and get more details.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl
Window Features Window Treatments
Exterior
Parking Features Paved, Varies by Unit
Fence None
Community Features Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View City
Roof Type Asbestos Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools F.L. Stanton
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 014100020397
Acceptable Financing 1031 Exchange, Cash, VA Loan
Listing Terms 1031 Exchange, Cash, VA Loan
Special Listing Condition None
Virtual Tour https://idx.paradym.com/idx/10-Rockmart-Drive-NW-Atlanta-GA-30314/4920878/prt/37
