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$289,000
New Listing

10 Rockmart Drive
Atlanta, GA 30314

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1940
Built
Subdivision:
Hunter Hills
County:
Fulton
Listing Courtesy Of: Rick Wiley of Coldwell Banker Realty Broker: 404-252-4908 Prefer Ph#:Rick@MyRealtorRick.com

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404-625-6860
10 Rockmart Drive10 Rockmart Drive10 Rockmart Drive10 Rockmart Drive
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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.

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Listing Snapshot
Price 
$289,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1940
MLS® Number 
7730863
Status 
Active
Property Tax 
$3,670
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.19
Levels 
One
Number Of Stories 
1
Parking 
See Remarks
Parking Spaces 
3
Property Condition 
Updated/Remodeled
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
CarpetHardwoodLaminate
Furnished 
Negotiable
Heating 
Central
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Aluminum SidingVinyl Siding
Fencing 
Back YardWood
Lot Features 
Level
Roof 
Composition
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Insulated Windows
Community Features
Community Features 
Fitness CenterGolfParkPlaygroundPoolSidewalksTennis Court(s)
Financing Terms Available 
CashConventionalFHAVA Loan
Schools
School District
Unknown
Elementary School
F. L. Stanton
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Courtesy Of: Rick Wiley of Coldwell Banker Realty Broker: 404-252-4908 Prefer Ph#:Rick@MyRealtorRick.com

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Source: Walkscore
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