Homes for sale - 10 Rockmart Drive NW, Atlanta, GA 30314

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Jan

Sat

Feb

Sun

Feb

Nattalie De La Mothe (Cornwall)

nattaliedelamothe@gmail.com +1(678) 270-7127

$ 329,000

Est. payment | -/mo

8,276 Sqft Lot

Save

$ 329,000

Est. payment | -/mo

Save

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Hunter Hills

MLS Listing ID 10440295

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1940

Annual Tax Amount $716

Tax Year 2023

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 8276.4

Property Description

An extraordinary investment opportunity is here-a duplex-style home strategically positioned in one of Atlanta's most lucrative high-rent zones. This property isn't just a home; it's a wealth-building tool, designed to deliver consistent and predictable income for years to come. With $3,300 in guaranteed Section 8 rents already locked in, this is a cash flow machine waiting to be optimized further. For the forward-thinking investor, the basement offers untapped potential. With a licensed general contractor's bid of just $35,000, the basement can be transformed into a third unit, a studio apartment that generates $1,500 per month in Section 8 rents. This single upgrade takes your total monthly rental income to $4,800, turning this property into a high-yielding, three-unit asset. Certified with an appraised value of $335,000, the property is already a high-performing investment. Two long-term Section 8 tenants are set to move into Units A and B on February 5, 2025, providing instant and stable income. With separate gas meters, managing operating costs across multiple units becomes seamless-ideal for investors looking to minimize expenses while maximizing returns. This home is located in the C22 Rent Area, one of the highest-paying zones for the Atlanta Housing Authority. This strategic placement ensures top-tier rental rates and consistent demand. The property's ability to command premium rents, combined with its potential for a swift and cost-effective upgrade, makes it an exceptional choice for investors seeking long-term cash flow and equity growth. With a potential annual income of $57,600, this asset delivers a strong return on investment. For cash buyers, the benefits are even more compelling-no delays, no financing headaches, and immediate ownership of a high-performing property. The streamlined path to profitability is clear, backed by a well-documented contractor bid and rental map guidance from the Atlanta Housing Authority. The opportunity to secure a cash-generating property like this doesn't come often. Whether you're looking to expand your portfolio or lay the foundation for long-term passive income, this home is the perfect addition to your strategy. Act now to schedule a walkthrough, review the detailed financials, and seize the chance to turn this property into your next success story. With the tenants ready to move in and the basement conversion primed for action, the time to invest is now.

Location

State GA

County Fulton

Rooms

Basement Unfinished

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Garage Spaces 4.0

Community Features Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces GPS Friendly

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools F L Stanton

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14 014100020397

Special Listing Condition Updated/Remodeled

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(678) 270-7127

nattaliedelamothe@gmail.com

1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067

10 Rockmart Drive NW Atlanta, GA 30314