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120 Howard St SE
Atlanta, GA 30317 Kirkwood

$999,000 USD

Multifamily For Sale  •  2,335 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,335 SF
  • Lot Size 0.29 AC
  • Year Built 2025
  • Cap Rate 6.17 %
  • Zoning R-4
36 Transit Score
75 Walk Score

Highlights

Two fully independent homes on one lot with separate living spaces
Successful Airbnb + leased ADU generating ~$91,560 annual gross income
Offered at $999,000 representing approximately a 6.2% cap rate
One block from Kirkwood restaurants and shops
Potential to add a third detached guest house for additional income

Financial Summary (Proforma)

Net Operating Income: $67,079 USD (2026)
Cap Rate: 6.17 %
Total Expenses: $32,921 USD

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Wi-Fi
  • Ceiling Fans
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Yard
  • Deck
  • Dining Room
  • Double Pane Windows
  • Island Kitchen
  • Lawn
  • Pantry
  • Window Coverings
  • Private Bathroom
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Atlanta (Crescent - Amtrak) 14 min - 7.5 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 21 min - 12.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
David Holcombe 470-599-2573 Keller Knapp Realty
David Holcombe 470-599-2573 Keller Knapp Realty