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$329,900

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2 BD

2 BA

798 SqFt

New

10 Rockmart DR NW Atlanta, GA 30314

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Sarah Coleman

sarah@colemansoldit.com +1(770) 876-5578

UPDATED:

02/08/2025 08:25 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 798 sqft

Price per Sqft $413

Subdivision Hunter Hills

MLS Listing ID 7521119

Style Bungalow,Traditional

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1940

Annual Tax Amount $716

Tax Year 2023

Lot Size 8,267 Sqft

Acres 0.1898

Property Description

Turn this duplex-style single-family home into a $72,000-per-year Airbnb money-making machine! This property offers an incredible opportunity to generate up to $6,000 in monthly gross income with the simple addition of a basement conversion, transforming it into a three-unit triplex. Currently, Unit A is a 1-bedroom, 1-bath main unit, while Unit B is a 1-bedroom, 1-bath in-law suite. With a straightforward renovation, the basement can be converted into a studio apartment, maximizing the property's full income potential. The current monthly gross income ranges from $4,500 to $5,000 through Airbnb, VRBO, and other booking sites. Once the basement studio is complete, the projected revenue soars to $6,000 per month. Pictures 1 to 26 showcase the property in its current state, while pictures 27 to 49 illustrate how both units could look when beautifully staged for short-term rentals. Picture 50 presents a proposed loft-style design for the basement studio, giving a glimpse of what's possible with a creative touch and minimal investment. Located just minutes from Downtown Atlanta and the Mercedes-Benz Stadium, this property is in a prime location for Airbnb bookings. The area boasts a 57% occupancy rate based on AirDNA data, with a 1-bedroom unit generating an estimated $24,000 in annual revenue—on the low end of projections. This is a rare chance to capitalize on a high-demand market while securing a steady, reliable income stream. The seller has already obtained a $35,000 bid from a licensed contractor to convert the basement into a studio apartment and is willing to assist with the project after closing. Buyers can even use the seller's trusted contractor for a seamless renovation experience. A $5,000 seller credit is available toward closing costs, and buyers may qualify for down payment assistance programs and grants, making this opportunity even more accessible. The property comes with a one-year home warranty for peace of mind, a clear and marketable title, and the seller's preference for a quick 14-day close. Whether you're an experienced investor or a first-time buyer, this property is a true gem with massive upside potential. Take advantage of this opportunity to create a high-performing Airbnb investment and watch your cash flow grow.

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description In-Law Floorplan

Other Rooms None

Basement Unfinished

Main Level Bedrooms 2

Dining Room Butlers Pantry

Interior

Interior Features Other

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Vinyl

Fireplaces Type None

Window Features Window Treatments

Appliance Dishwasher, Other

Laundry Other

Exterior

Exterior Feature None

Parking Features Varies by Unit

Fence None

Pool None

Community Features Other

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View City

Roof Type Asbestos Shingle

Street Surface None

Accessibility None

Handicap Access None

Porch None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Back Yard, Other

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Traditional

Level or Stories One

Structure Type Aluminum Siding,Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools F.L. Stanton

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Restrictions false

Tax ID 14 014100020397

Acceptable Financing 1031 Exchange, Cash, VA Loan

Listing Terms 1031 Exchange, Cash, VA Loan

Special Listing Condition None

Virtual Tour https://idx.paradym.com/idx/10-Rockmart-Drive-NW-Atlanta-GA-30314/4906702/prt/37

Listed by Maximum One Greater Atlanta Realtors

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Sarah Coleman

Agent | License ID: 371407

+1(770) 876-5578

10 Rockmart DR NW Atlanta, GA 30314

Sarah Coleman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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