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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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Active
BEDS0 BATHS MLS#7721443
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHammond Park SCHOOLEmma Hutchinson - South Atlanta

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):    ¢Â Â Â Â Front Unit ? approx. $1,600/month    ¢Â Â Â Â Back Unit ? approx. $1,400/month    ¢Â Â Â Â Future ADU ? approx. $1,000/monthIdeal 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# 7721443

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. 5th Street Sw is located within the Emma Hutchinson - South Atlanta school district. Search Atlanta real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Attic Fan, Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Composition, Tar/Gravel
Taxes: $3,989
Year Built: 1950

Feature Descriptions

Days on Site: 12
Exterior: HardiPlank Type, Shingle Siding, Wood Siding
Lot: Level, Other
Lot Dimensions: x
Neighborhood Amenities: Sidewalks, Street Lights
Parking Notes: None
Sewer: Public Sewer
Special View Info: City
Units: 2
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Water: Public

Local Schools

High School: South Atlanta
Middle School: Crawford Long
Elementary School: Emma Hutchinson
School District: Emma Hutchinson - South Atlanta

Listed By / Shown By

Listed By

Agency Name: Maximum One Greater Atlanta Realtors
Agency Phone: 770-919-8825

Shown By

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

IDX logo

Source: FMLS

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Estimated Payment

$ 1,200.86 per month $767.82 Principal & Interest $332.42 Property Tax $100.63 Homeowner's Insurance

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