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10 Rockmart Drive, Atlanta, GA 30314

$289,000
  • 10 Rockmart Drive, Atlanta, GA 30314 Main Photo

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Active
BEDS0 BATHS MLS#7730863
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHunter Hills SCHOOLF. L. Stanton - Frederick Douglass

Property Description

Incredible opportunity in Hunter Hills! This grandfathered duplex is located just steps from the Beltline and is the ideal multifamily home for investors or buyers looking to live in one unit and rent the other, with additional potential to finish the basement unit to create three separate living spaces. Currently configured as two income-producing units, this property offers strong cash-flow potential and value-add upside. Unit A is a 1-bedroom, 1-bath residence with 550 square feet of living space that has been generating $1,500 per month through 30-day minimum Airbnb stays. Unit B is a studio-style 1-bedroom, 1-bath unit currently leased at $1,400 per month on a one-year lease. The partially finished basement presents an excellent opportunity to convert into a third studio apartment, with an estimated $20,000 renovation cost according to the seller's contractor bid. For an owner-occupant using FHA 203(k) financing, this property offers an attractive house-hacking opportunity-live in one unit while renting the others to potentially generate $2,900 or more per month after basement completion to offset the mortgage. For investors, once the basement conversion is complete, the property could produce approximately $4,400 per month in gross rental income across three units. Both main-level units were fully renovated one year ago, and the property already features two separate gas meters. This is a rare opportunity to acquire a versatile, income-producing property with strong rental potential. Located just moments from the Atlanta University Center and only minutes from the Atlanta Beltline Westside Trail, Mercedes-Benz Stadium, and Downtown Atlanta, this property offers exceptional convenience to some of the city's most vibrant destinations. The surrounding neighborhood features several nearby parks, convenient MARTA access, and a welcoming community atmosphere. Whether you are an investor, builder, or homeowner with a vision, this property presents a prime opportunity to renovate and maximize its full potential. Don't miss out! Schedule your tour today.

10 Rockmart Drive | MLS# 7730863

This multi-family property located at 10 Rockmart Drive, Atlanta, GA 30314 is currently listed for sale with an asking price of $289,000. Rockmart Drive is located within the F. L. Stanton - Frederick Douglass school district. Search Atlanta real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.19 Acres
Roof Type: Composition
Taxes: $3,670
Year Built: 1940

Feature Descriptions

Days on Site: 9
Exterior: Aluminum Siding, Vinyl Siding
Lot: Level
Neighborhood Amenities: Fitness Center, Golf, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Pool, Sidewalks, Tennis Court(s)
Parking Notes: See Remarks
Parking Total: 3
Sewer: Public Sewer
Special View Info: City
Units: 3
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Water: Public

Local Schools

High School: Frederick Douglass
Middle School: John Lewis Invictus Academy/Harper-Arche
Elementary School: F. L. Stanton
School District: F. L. Stanton - Frederick Douglass

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 404-252-4908

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: FMLS

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Estimated Payment

$ 1,033.31 per month $643.19 Principal & Interest $305.83 Property Tax $84.29 Homeowner's Insurance

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