Park Realty | Atlanta Real Estate | 120 Howard Street SE, Atlanta, GA 30317
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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.
| LAST UPDATED | 4/14/2025 | TRACT | Kirkwood |
|---|---|---|---|
| YEAR BUILT | 1910 | COUNTY | Dekalb |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Fred A. Toomer |
|---|---|
| Jr. High School | Martin L. King Jr. |
| High School | Maynard Jackson |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Cement Siding, Wood Siding |
| HEAT | Central |
| LOT | 0.29 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 270 x 50 |
| PARKING | Detached, Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Kirkwood |
| TAXES | 1880 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| WATER ACCESS | None |
Listing provided courtesy of Keller Knapp
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Data last updated: 4/18/25 4:56 PM PDT.
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