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$975,000

Welcome to 242 Ormond Street, a brand-new luxury duplex offering exceptional flexibility and income-producing potential. Each three-story residence features three bedrooms, three-and-a-half bathrooms, approximately 1,540 square feet, a private entrance, dedicated laundry, multiple balconies, and on-site parking. Modern interiors feature open living spaces, quartz countertops, stainless-steel appliances, and stylish tilework. Three additional new-construction homes are being built on the same street, reflecting the area's continued growth and transformation. Rent both units, live in one while the other helps offset your housing expenses, rent by the room, or create a flexible multigenerational living arrangement. Located approximately one mile south of Downtown Atlanta, the property offers convenient access to I-75/I-85 and is just minutes from Georgia State University, Grady Memorial Hospital, Mercedes-Benz Stadium, Grant Park, Zoo Atlanta, Pittsburgh Yards, the Atlanta BeltLine, and Hartsfield-Jackson Atlanta International Airport. New construction. Two residences. Multiple investment strategies. One strategic intown address. Schedule your private showing and explore the possibilities this exceptional property has to offer.

6 Beds ⋅ 8 Baths ⋅ 10828515 MLS

242 Ormond Street SW, Atlanta

$985,000

An exceptional investment opportunity awaits in the heart of Atlanta. This stunning modern duplex offers approximately 4,800 square feet of total living space and income-producing potential from day one. With a recent appraisal of $1,210,000, instant equity is built in from the start. No HOA and two thoughtfully designed units offer the kind of flexibility and freedom that is rarely found at this level. Unit A features approximately 2,400 square feet, 4 bedrooms, 3.5 bathrooms, an upper-level primary suite with a spa-inspired ensuite and custom walk-in closet, and a driveway accommodating up to 5 vehicles. Unit B offers approximately 2,400 square feet, 4 bedrooms, 2.5 bathrooms, and a serene primary on the main. Both units feature open concept floor plans with thoughtful design details throughout. Unit B is an active Airbnb rental being sold with all appliances and furniture included, making this a seamless investment from day one. Unit A is equally positioned for rental conversion. Whether you are an investor seeking immediate cash flow, a house hacker looking to live in one unit while generating rental income from the other, or a savvy buyer looking to build wealth through Atlanta's booming short-term rental market, this property was made for you. With the FIFA World Cup coming to Atlanta, demand for short-term rentals in this corridor is only expected to surge. Nestled on a charming cobblestone street minutes from Downtown Atlanta, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, and Interstates I-20, I-75, and I-85, the location is unmatched. Preferred lender incentive available. Stop by and view in person 2-4 p.m. on May 2nd.

8 Beds ⋅ 7 Baths ⋅ 10731319 MLS

598 Formwalt Street SW, Atlanta