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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Hunter Hills
MLS Listing ID 7730863
Sold Date 04/30/26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,670
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Other
Source First Multiple Listing Service
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.
Location
State GA
County Fulton
Area Hunter Hills
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Hardwood, Laminate
Window Features Insulated Windows
Exterior
Parking Features See Remarks
Fence Back Yard, Wood
Community Features Fitness Center, Golf, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Pool, Sidewalks, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Aluminum Siding,Vinyl Siding
Construction Status Updated/Remodeled
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 Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Circumstances None
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Bought with EXP Realty, LLC.
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