Atlanta, GA 30315,2977 5th ST SW
Atlanta, GA 30315,2977 5th ST SW
Atlanta, GA 30315,2977 5th ST SW
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$339,000
Est. payment /mo
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0.25 Acres Lot
New

2977 5th ST SW Atlanta, GA 30315

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Matthew Share

Matthew Share

+1(678) 520-3113

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Hammond Park

MLS Listing ID 10668720

HOA Y/N Yes

Year Built 1950

Annual Tax Amount $3,766

Tax Year 24

Lot Size 0.254 Acres

Acres 0.254

Lot Dimensions 11064.24

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Investors & Landlords - Cash Flowing Opportunity. Currently generating $3,225 per month with qualified long-term tenants who have strong income and stable employment. The property was upgraded approximately one year ago. Unit A (Front Unit): * Rent: $1,850/month * Lease term under one year * Tenant has excellent income, strong rental history, and earns over 3x the rent * Tenant previously occupied the rear unit and transferred to the larger front unit in December 2025 Unit B (Rear Unit): * Rent: $1,375/month total * Tenant pays $687.50 bi-monthly * Excellent prior rental history * Tenant earns approximately 2.5x the rent All tenants have been fully vetted and screened, with verified income and solid rental history. Value-Add Opportunity Seller proposed converting the basement into a 5-bedroom rooming house, producing approximately $2,500 per month($500 per room). * Total projected gross monthly income after conversion: $5,725 * Seller has proposed drawings/layout for the basement rooming house * Seller's contractor provided an estimated bid of $20,000 for basic mid-grade rental renovations * Proposed layout includes one mini kitchen and two bathrooms

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Fireplace No

Laundry Other

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS FRIENDLY

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Other,Press Board

New Construction No

Schools

Elementary Schools Hutchinson

Middle Schools Long

High Schools Other

Others

HOA Fee Include Other

Tax ID 14 009300040591

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

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Matthew Share

Matthew Share

Broker Associate | License ID: 280286

+1(678) 520-3113

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