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About This Home

This 5-bedroom, 1-bathroom single family at 56 Ormond Street SE in Atlanta, GA is listed for $375,000 ($250 per sqft). Built in 1920, the home offers 1,503 sqft of living space on a 0.09 acres lot.

Agent Description

Excellent income-producing investment opportunity near Grant Park and Georgia State University. This 5-bedroom rooming house features private tenant rooms with shared common areas including a kitchen, dining room, and bathroom. Tenants are already in place, providing immediate rental income for investors.

Conveniently located near downtown Atlanta, public transportation, restaurants, shopping, and major highways. Strong rental demand in the area makes this property ideal for student housing, workforce housing, or long-term investment potential. A great opportunity to own a cash-flowing property in a growing in-town location.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 2 parking spaces

Property Details

1 story
1 full
2 spaces
1920

Amenities

ViewA/C

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

56 Ormond Street SE

Atlanta, GA 30315

Features & Amenities

Interior Features

Disappearing Attic Stairs

Property Details

Flooring

WoodTile

Views

City

Pool Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

Refrigerator

Questions & Answers

This 5-bedroom, 1-bathroom single family at 56 Ormond Street SE is listed at $375,000 ($250/sqft). The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.09 acre lot, 2 parking spaces. Interior Features: Disappearing Attic Stairs.

This property is listed by MARK SPAIN and can be reached at (770) 886-9000 or homes@markspain.com.

MS

MARK SPAIN

Agent at Mark Spain Real Estate

(770) 886-9000

Listed by Mark Spain Real Estate · View on Broker Site

MLS# 7771952· Source: listhub· Updated 28 days ago

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56 Ormond Street SE, Atlanta, GA 30315

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