2977 5TH ST SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Hammond Park
MLS Listing ID 7516550
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,809
Tax Year 2023
Lot Size 0.253 Acres
Acres 0.253
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
This turnkey, income-producing single-family home currently generates close to $3,500 per month through Airbnb and VRBO, with demand from travel nurses, flight attendants, and business travelers. With optimized sleeping arrangements and value-add amenities, the property has the potential to scale to $100,000+ annually, offering room for growth. Featuring a 2-bedroom, 1-bath main home and a 1-bedroom, 1-bath in-law suite, it offers flexible living and rental options—ideal for homeowners looking to offset their mortgage or investors seeking immediate cash flow. Recent renovations include a new kitchen, LVP flooring, drywall, HVAC system, and plumbing. Only minor bathroom and exterior updates remain, making this a strong value-add opportunity with limited upfront work. Additional revenue potential includes increasing bed count with bunk beds, adding vending machines offering snacks and convenient meal options, partnering with local tour providers, and offering concierge-style services. The home is being sold furnished with decor and TVs included at full price. Impressive guest reviews and a consistent booking history support ongoing performance. Located just minutes from the Atlanta Airport, major highways, and downtown Hapeville, this property is positioned in a high-demand rental market. Airbnb rent rolls, AirDNA projections, and comps are available upon request. Showings by appointment only; please do not disturb guests.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Window Features None
Exterior
Parking Features Parking Lot
Fence Fenced
Community Features Airport/Runway
Utilities Available Cable Available,Electricity Available,Sewer Available
Waterfront Description None
View Creek/Stream
Roof Type Shingle
Accessibility Accessible Doors
Handicap Access Accessible Doors
Total Parking Spaces 4
Private Pool false
Building
Lot Description Irregular Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick Front
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Emma Hutchinson
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Tax ID 14 009300040591
Special Listing Condition None