tomo logo

$1,299,000

Beds
5
Baths
5.0
sq ft
Unknown

313 5th St NE, Atlanta, GA 30308

313 5th St NE

Atlanta, GA 30308

  • Coming soon
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!

Details

Property type

Single Family Residence

Est. home value

$1,059,991

Lot size

5,889 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$10,707

HOA

No

Price History

12/12/2014
FMLS

FMLS #5335625

Sold
$650,000
+25%
09/17/2010
FMLS

FMLS #4095834

Sold
$520,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Lake, Park, Playground, Pool, Sidewalks, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Suntrust Bank

Loan start date

January 2017

Original loan amount

$94,250

Est. remaining balance

$79,002

Interest rate

4.13%

Loan type

Not Provided, 30 year

Seller

Stewart G Wyne and Tiffany M Wyne

Lender

Suntrust Bank

Loan start date

January 2017

Original loan amount

$573,000

Est. remaining balance

$477,888

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Stewart G Wyne and Tiffany M Wyne

Lender

Us Bank

Loan start date

December 2014

Original loan amount

$585,000

Est. remaining balance

$461,034

Interest rate

4.25%

Loan type

New Conventional, 30 year

Seller

Stewart G Wyne and Tiffany M Wyne

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 03/12/2025 at 3:55 PM

Listing updated: 03/12/2025 at 6:10 AM

Listed by: Jeffrey Taylor, Coldwell Banker Realty Phone #: (404) 874-2262

MLS: FMLS #7538230

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