Description
2 unit property with option to add a third unit. 1 block from downtown Kirkwood restaurants! The main house (Unit A) is a just renovated 3 bed 2 bath bungalow with original hardwood floors, open concept kitchen and 10 foot ceilings. It's currently a successful Airbnb. Furnishings and future bookings can stay with the property at an additional cost. Or all furniture can be removed and future bookings cancelled. Long term rent comps for the main house are +/-$3,600/month. Unit B is a new construction, 750 sf, 2 bed, 2 bath Accessory Dwelling Unit (ADU). The ADU is currently leased for $2,725 a month. The lease can be terminated. The units share a double-wide (20ft) driveway with parking for 4 cars. Huge corner lot that's 270 feet deep! There's upside potential by adding a third unit as a guest house or tiny house on wheels. Enjoy a 6%+ cap rate in a neighborhood that has been appreciating faster than other parts of Atlanta.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
School Information
Description
2 unit property with option to add a third unit. 1 block from downtown Kirkwood restaurants! The main house (Unit A) is a just renovated 3 bed 2 bath bungalow with original hardwood floors, open concept kitchen and 10 foot ceilings. It's currently a successful Airbnb. Furnishings and future bookings can stay with the property at an additional cost. Or all furniture can be removed and future bookings cancelled. Long term rent comps for the main house are +/-$3,600/month. Unit B is a new construction, 750 sf, 2 bed, 2 bath Accessory Dwelling Unit (ADU). The ADU is currently leased for $2,725 a month. The lease can be terminated. The units share a double-wide (20ft) driveway with parking for 4 cars. Huge corner lot that's 270 feet deep! There's upside potential by adding a third unit as a guest house or tiny house on wheels. Enjoy a 6%+ cap rate in a neighborhood that has been appreciating faster than other parts of Atlanta.
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