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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.

Overview

Property Status
Sold
Lot Size
8,276.4 Sq.Ft.
MLS ID
7730863
Property Type
Residential
Year Built
1940

Features & Amenities

Neighborhood
Atlanta
Water Frontage
None
View Description
City
Stories
1
Water Source
Public
Utilites
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Roof
Composition
Lot Features
Level
Parking
See Remarks
Heat Type
Central
Air Conditioning
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Disability Features
None
Security Features
None
Green Feature
None
Elementary School
F. L. Stanton
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Sales Price
$275,000
Real Estate Tax
$3,670/yr

Downloads

10 Rockmart Drive

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I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 10 Rockmart Drive, Atlanta, GA 30314

10 Rockmart Drive
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  • CallJim Stern

    License #426856

    (678) 369-3793
  • pretitle

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