2794 7th ST SW Active

Atlanta,GA 30315

$ 349000

4 Beds

2 Baths

1960 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $178

Subdivision Hammond Parks

MLS Listing ID 7583035

Style Other

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1932

Annual Tax Amount $2,938

Tax Year 2024

Lot Size 8,903 Sqft

Acres 0.2044

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

First-Time Homebuyer (FHH) Special – Income-Producing Duplex with Easy Triplex Conversion!

This property is currently generating approximately $4,000/month on Airbnb, set up as a duplex with a 1,200 sq ft main living area, and can be easily converted into a triplex by finishing the basement into a 2 bed / 1 bath unit. Seller is offering $15,000 toward buyer closing costs with full asking price.

Take advantage of this unique opportunity for first-time buyers to live in one unit while generating rental income—or rent all three units for maximum returns. The property also qualifies for up to $9,000 in first-time homebuyer grant assistance (subject to buyer eligibility).

Front unit is grossing approx. $575/week on Airbnb – turnkey short-term rental income.
Live in one unit and rent the others, or operate all as Airbnb units.
Unfinished basement can be converted into a 2 bed / 1 bath third unit for approx. $40,000.
Once converted, the property is projected to gross up to $80,000/year renting all three units.
Estimated After-Repair Value (ARV): Upper $300,000s – solid equity and income upside.
Ideal for house hackers, first-time buyers, or investors looking for a high-yield, value-add opportunity in a growing market.

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Location

State GA

County Fulton

Area Hammond Parks

Lake Name None

Rooms

Bedroom Description In-Law Floorplan,Roommate Floor Plan,Split Bedroom Plan

Other Rooms Other

Basement Daylight,Exterior Entry,Full,Unfinished,Walk-Out Access

Main Level Bedrooms 4

Dining Room Other

Kitchen Eat-in Kitchen

Interior

Interior Features Other

Heating Natural Gas

Cooling Gas

Flooring Luxury Vinyl

Fireplaces Type None

Equipment None

Window Features None

Appliance Electric Water Heater,Gas Cooktop,Gas Oven,Microwave,Refrigerator

Laundry Electric Dryer Hookup,Main Level

Exterior

Exterior Feature Private Entrance,Private Yard

Parking Features On Street

Fence Back Yard,Fenced,Front Yard

Pool None

Community Features None

Utilities Available Electricity Available,Natural Gas Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Other

Street Surface Concrete

Accessibility None

Handicap Access None

Porch Front Porch

Private Pool false

Building

Lot Description Other

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Structure Type Other

Construction Status Resale

Schools

Elementary Schools Emma Hutchinson

Middle Schools Crawford Long

High Schools South Atlanta

Others

Senior Community no

Restrictions false

Tax ID 14 009300020270

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