10 Rockmart Nw Dr, Atlanta, GA 30314

$329,900

Tour This Home

Wed

12 Feb

Thu

13 Feb

Fri

14 Feb

Sat

15 Feb

Sun

16 Feb

Mon

17 Feb

Tue

18 Feb

Schedule Tour

Home 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.