Park Realty | Atlanta Real Estate | 313 5th Street NE, Atlanta, GA 30308
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Charming Intown Bungalow with Guest Cottage - Rare Dual Rental Permits! Welcome to this stunningly renovated Midtown bungalow, a perfect blend of classic charm and modern convenience! Whether you're searching for a primary residence, an income-generating investment, or both, this property offers incredible flexibility and value. Currently operating as a lucrative Airbnb, both the main house and carriage house have separate lease permits, a rare and highly sought-after feature in this area. This unique opportunity allows buyers to live in one home while renting the other or maximize rental income from both. Revenue spreadsheets are available upon request. This light-filled home boasts high ceilings, gleaming hardwood floors on both levels, and generously sized rooms throughout. The inviting covered front porch is ideal for greeting guests or enjoying quiet mornings. Inside, the spacious living room features a cozy fireplace, coffered ceilings, and an abundance of natural light streaming through six large windows. The formal dining room also showcases elegant coffered ceilings, creating a perfect space for entertaining. The updated kitchen is a chef's dream, featuring ample counter space, a separate breakfast room, and a walk-in pantry for extra storage. Every bathroom has been thoughtfully updated, ensuring comfort and style. Upstairs, the large primary suite includes a sitting area, oversized closet, and spa-like bath with a skylight. The den/media room can easily be converted into a fourth bedroom if desired. The separate guest cottage"”a legal rental with its own full kitchen, bedroom, and bathroom"”provides fantastic versatility for short-term or long-term rental income, an in-law suite, or a private home office. Step outside to your private backyard oasis, complete with a rear deck, patio, and hot tub, perfect for relaxing or entertaining. Additional features include a good-sized basement for storage, and off-street parking for 2-3 cars. All of this just blocks from Piedmont Park and Midtown's vibrant shops, dining, and entertainment! This is a rare opportunity to own a beautifully updated home with proven rental income and valuable lease permits"”schedule your showing today! Generates $150k in revenue annually, revenue chart in documents.
| LAST UPDATED | 3/19/2025 | TRACT | Midtown |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | Fulton |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Springdale Park |
|---|---|
| Jr. High School | David T Howard |
| High School | Midtown |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator |
| BASEMENT | Exterior Entry, Interior Entry, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | Garden, Other, Private Yard |
| FIREPLACE | Yes |
| HEAT | Natural Gas, Zoned |
| INTERIOR | Bookcases, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Double Vanity, Pantry, Walk-In Closet(s) |
| LOT | 5889 sq ft |
| LOT DESCRIPTION | Landscaped, Level, Wooded |
| LOT DIMENSIONS | x |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Bungalow |
| SUBDIVISION | Midtown |
| TAXES | 10707 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
| WATER ACCESS | None |
Listing provided courtesy of Coldwell Banker Realty
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Data last updated: 3/31/25 4:38 AM PDT.
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