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Kristen Skebe

thecolonygroup@evatlanta.com +1(724) 766-1121

$ 349,000

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2977 5th ST SW Atlanta, GA 30315

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Hammond Park

MLS Listing ID 7615040

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,766

Tax Year 2024

Lot Size 0.254 Acres

Acres 0.2539

Property Sub-Type Duplex

Source First Multiple Listing Service

Property 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.

Location

State GA

County Fulton

Area Hammond Park

Lake Name None

Interior

Heating Central

Cooling Attic Fan, Ceiling Fan(s), Central Air

Flooring None

Window Features None

Exterior

Parking Features None

Fence None

Community Features Restaurant, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition,Tar/Gravel

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type HardiPlank Type,Wood Siding

Construction Status Resale

Schools

Elementary Schools Emma Hutchinson

Middle Schools Crawford Long

High Schools South Atlanta

Others

Senior Community no

Tax ID 14 009300040591

Virtual Tour https://idx.paradym.com/idx/2977-5th-Street-SW-Atlanta-GA-30315/4931050/prt/37

Listed by Maximum One Greater Atlanta Realtors

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Kristen Skebe

Real Estate Advisors

+1(724) 766-1121

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Kristen Skebe

2977 5th ST SW Atlanta, GA 30315

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