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5844 & 5850 Old Bill Cook, Atlanta, GA 30349

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For Sale

$759,000

6.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 6.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Rare Investment Opportunity with Proven Income in Thriving South Fulton! Discover a truly unique and lucrative investment opportunity nestled on approximately 6.2 acres of serene, natural beauty in South Fulton. This rare offering includes three income-producing homes across two parcels, making it ideal for savvy investors, multi-generational living or homeowners looking to live in one residence while generating rental income from the others. The property includes a diverse mix of homes to suit a variety of needs. The main home at 5844 is a spacious ranch-style residence featuring 4BR/2BA with +/-1,653 square feet of comfortable living space and a carport. Next door, 5850 (Main) is a charming, fully-renovated 2BR/1BA ranch home offering +/-768 square feet of modern style and cozy living. 5850 (Rear) offers a striking contrast with its contemporary design, featuring vaulted ceilings, 2BR/2BA, a drive-under garage and storage basement, ideal for added flexibility or workspace. This property, 5844 Old Bill Cook Road (Tax ID 13-0098-LL-064-3), is being sold with the 5850 Old Bill Cook Road (Tax ID 13-0098-LL-079-4) property at the same time. The listing price is for BOTH parcels. The Sellers WILL NOT sell either lot individually at any time. Each home is privately situated with its own rear parking pad, while a large gated and shared driveway ensures both security and ease of access. Ample park-like grounds and thoughtful design add to the property's appeal. With long-term tenants already in place and a track record of proven returns, this is a turn-key opportunity for immediate cash flow. With no HOA or community restrictions, you have the flexibility to customize or expand according to your vision and goals. This prime location is just minutes from I-285, I-85, Hartsfield-Jackson Atlanta International Airport, Camp Creek Marketplace, schools, shopping and parks. Enjoy close proximity to Downtown Atlanta and historic College Park, combining the best of convenience and lifestyle. Don't miss your chance to own this exceptional multi-home property in a high-demand area -- whether you're building your portfolio or creating a legacy home, this opportunity checks every box.
MLS# 10610226

Courtesy Of Realty Associates of Atlanta, LLC

(404) 235-8900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    6.2 Acres

Map and Directions

Directions to 5844 & 5850 Old Bill Cook, Atlanta, GA 30349

Home seller CENTURY 21 Connect Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connect Realty

(770) 640-6800
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.