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!
Listing Provided Courtesy of Coldwell Banker Realty
Property Details
Price:
$1,299,000
MLS #:
7538230
Status:
Active
Beds:
5
Baths:
5
Address:
313 5th Street NE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Midtown
City:
Atlanta
Listed Date:
Mar 11, 2025
State:
GA
Finished Sq Ft:
3,100
Total Sq Ft:
3,100
ZIP:
30308
Year Built:
1920
Schools
Elementary School:
Springdale Park
Middle School:
David T Howard
High School:
Midtown
Interior
Appliances
Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Ceiling Fan(s)
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Zoned
Laundry Features
Laundry Room, Upper Level
Exterior
Architectural Style
Bungalow
Community Features
Homeowners Assoc, Lake, Near Beltline, Near Public Transport, Near Schools, Park, Playground, Pool, Sidewalks, Tennis Court(s)
Construction Materials
Frame
Exterior Features
Garden, Private Yard, Other
Other Structures
Guest House, Other
Parking Features
On Street
Roof
Composition
Financial
Tax Year
2024
Taxes
$10,707
Map
Community
- Address313 5th Street NE Atlanta GA
- SubdivisionMidtown
- CityAtlanta
- CountyFulton – GA
- Zip Code30308
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313 5th Street NE
Atlanta, GA
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