5844 & 5850 Old Bill Cook Road Atlanta, GA $ 699,900
5844 & 5850 Old Bill Cook Road
$ 699,900
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5844 & 5850 Old Bill Cook Road

Atlanta, GA, 30349
$ 699,900
Baths0.0

Monthly Estimate*

$ 4,309

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Studio

Multi-Family Home for sale in Atlanta, GA

for $699,900. This home was built in 1973 on a lot size of 6.2.

NEW PRICE! 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 with +/-1,456 square feet of living space, 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.

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Multi-Family Active

Price

$ 699,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,505

Style

Lot Size

6.2

Year Built

1973

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10610226

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Electric
Utilities Electricity Individual Meters Gas Individual Meters Water Individual Meters
HOA Fee 0
Association Fee Includes None
Construction Materials Brick
Year Built 1973
Levels One
Property Subtype Multi Family
Tax Year 2024
Gross Income 0
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name None
Garage Y/N false
Green Water Conservation Low-Flow Fixtures
Status Price Change
Directions Please use GPS.
High School Banneker
City Atlanta
Body of Water None
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 270072
Carport Y/N false
Elementary School Heritage
Tax Annual Amount 3505
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Mcnair
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Unit
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 0
Lot Size Area 6.2
Foundation Details Block
Lot Size Acres 6.2
Lot Size Source Owner
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* Excluded Features
List By
Realty Associates Of Atlanta

Broker

davidjuliao@msn.com

Email

Affordability Calculator

$4,601
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,309
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4133657 Elementary School
4133262 Middle School
Banneker High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2026$699,900 -7.79% Price Down
1/8/2026$759,000 Listed Price

Map


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5844 & 5850 Old Bill Cook Road, Atlanta, GA, 30349 is a Multi-Family Home for sale at $699,900 with a lot size of 6.2. 5844 & 5850 Old Bill Cook Road is a studio with 0.0 baths and was built in 1973. The property's zip code is 30349 which is in Atlanta, GA