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2977 5th Street Sw, Atlanta, GA 30315

$345,000
  • 2977 5th Street Sw, Atlanta, GA 30315 Main Photo

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New
BEDS0 BATHS MLS#10694039
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHammond Park NEIGHBORHOODAtlanta

Property Description

Renovated duplex with additional ADU potential in a growing Atlanta location. The main structure features two separate units with updated interiors, offering immediate income-producing potential. Property is zoned to allow an Accessory Dwelling Unit (ADU). Existing detached shed structure features approximately 9-foot ceilings and can be converted into a small ADU mini house, including a Murphy-style loft bed on the upper level, subject to buyer verification and permitting. Seller has obtained a contractor estimate of approximately $35,000 for shed conversion and driveway installation. Projected rental estimates (buyer to verify): * Front Unit - approx. $1,600/month * Back Unit - approx. $1,400/month * Future ADU - approx. $1,000/month Ideal opportunity for owner-occupant buyers utilizing renovation financing (such as FHA 203(k)) or investors seeking value-add potential. Live in one unit and rent the others, or lease all units for strong income potential. Convenient access to downtown Atlanta, major highways, and local amenities. Buyer to independently verify zoning, ADU requirements, rental projections, and renovation costs.

2977 5th Street Sw | MLS# 10694039

This multi-family property located at 2977 5th Street Sw, Atlanta, GA 30315 is currently listed for sale with an asking price of $345,000. Search Atlanta real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Lot Size: 0.25 Acres
Stories: 1.0
Taxes: $3,766
Year Built: 1950

Feature Descriptions

Days on Site: 12
Exterior: Other, Press Board
Foundation: Slab
Parking Notes: Parking Pad
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Other
Middle School: Long
Elementary School: Hutchinson

Listed By / Shown By

Listed By

Agency Name: Maximum One Grt. Atl. REALTORS
Agency Phone: 770-919-8825

Shown By

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

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 1,182.28 per month $767.82 Principal & Interest $313.83 Property Tax $100.63 Homeowner's Insurance

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