10 Rockmart DR, Atlanta, GA 30314
10 Rockmart DR, Atlanta, GA 30314,Video Tour
10 Rockmart DR, Atlanta, GA 30314
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$289,000
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8,276 Sqft Lot
Pending

10 Rockmart DR Atlanta, GA 30314

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Nyame Murray

Nyame Murray

+1(404) 809-5822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Subdivision Hunter Hills

MLS Listing ID 7730863

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

Virtual Tour https://www.zillow.com/view-imx/cc17b251-4357-4aa5-a7b2-e9b2e864b9d2?initialViewType=panov

First Multiple Listing Service(FMLS)
Listed by Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

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Nyame Murray

Nyame Murray

REALTOR® | License ID: 379188

+1(404) 809-5822

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10 Rockmart DR