2977 5th Street SW
Atlanta, GA 30315
3 beds | 2 baths | 0.25 acres | #7614924
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.
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available
- Property SubtypeSingle Family Residence
- Elementary SchoolEmma Hutchinson
- Middle SchoolCrawford Long
- High SchoolSouth Atlanta
- Sewer InformationPublic Sewer
- SubdivisionHammond Park
- CountyFulton - GA
- Property TypePurchase
- StyleBungalow
- Original List Price$349,000
- MLS #7614924
- MLS #7614924
- Acres0.2539
- Utility SourcePublic
- Taxes Annual$3,766
- Cost349000
- Property ConditionResale
- InteriorOther
- Lot DescriptionOther
- ViewCity
- Year Built1950
- Fireplaces1
- Bedrooms3
- Bathrooms2
- Full Baths2
- Bedrooms on Main Level3
- Master on Main1
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: GEORGE ANSONG (#ANSONG)
Listing Office: Maximum One Greater Atlanta Realtors (#MXGR01)
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