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.
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
Estimated Payment
$ 1,033.31 per month $643.19 Principal & Interest $305.83 Property Tax $84.29 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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.