540 John Wesley Dobbs Ne Avenue, Atlanta, GA 30312

$1,649,000

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List Price
$1,649,000
MLS#
7809021
Status
COMING SOON
Type
Multifamily
Subtype
Duplex
Lot Size
0.13
Subdivision
Old Fourth Ward

Property Description

TURNKEY LUXURY INVESTMENT - Welcome to "The Dobbs," an exceptional luxury income property in the heart of Old Fourth Ward. This 3,700+ square foot estate offers a rare 5-star investment opportunity with proven historical performance. Positioned just 4 blocks from the Atlanta BeltLine Eastside Trail and directly on the Freedom Trail Path, the location provides guests with effortless access to Mercedes-Benz Stadium, Centennial Olympic Park, and the city's top dining and entertainment districts. VERSATILE REVENUE STREAM: Currently operating as a premier short-term rental, this property is sold FULLY FURNISHED and equipped for a seamless transition. The two-unit duplex layout offers unmatched flexibility: continue as a high-performing vacation rental, pivot to mid-term corporate housing, or convert into a grand single-family residence. THE LAYOUT: The main level features 3 bedrooms and 2 bathrooms with soaring 12-foot ceilings and an updated chef's kitchen. The upper level offers 2 bedrooms, 2 bathrooms, and a large loft-style third bedroom. Both units feature updated finishes and designer touches throughout. OUTDOOR AMENITIES: Professionally designed, resort-style landscaping creates a private urban retreat in both the front and rear yards, consistently driving 5-star guest reviews and premium nightly rates. Own a piece of Atlanta history with guaranteed day-one cash flow in the city's most in-demand neighborhood.

Additional Information

Stories
Two
Construction
Other
Year Built
1920
Neighborhood Amenities
Park, Sidewalks, Street Lights
Roof
Composition
Lot Dimensions
x
Parking
Driveway, Level Driveway
Lot Desc
Level
Water
Public
Sewer
Public Sewer
Elementary School
John Hope-Charles Walter Hill
Middle School
David T Howard
High School
Midtown
Acres
0.13
Levels
Two
Taxes
$24,563

Listing courtesy of Compass.

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