5844 Old Bill Cook Road
Atlanta, GA, 30349 $ 759,000
Bedrooms10 Baths5.0 Monthly Estimate*
$ 4,735
for $759,000 with 10 bedrooms and 5 full baths. This home was built in 1973 on a lot size of 6.2.
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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FeaturesGeneralSewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Electric
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Negotiable
Roof Composition
Security Features None
Construction Materials Brick Brick 4 Sides
Year Built 1973
View Trees/Woods
Levels One
Property Subtype Other
Tax Year 2024
Gross Income 0
Waterfront Features N
Community Features None
Accessibility None
Additional Parcels Description 130098LL0734 (5850 Old Bill Cook Road) Book 39205 Page 208
County Fulton - GA
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
HOA No
Energy Efficient None
Subdivision Name None
Green Energy Generation None
Status Active
Directions Please use GPS.
High School Banneker
City Atlanta
Body of Water None
Number Of Units Total 0
Elementary School Heritage - Fulton
Property Attached Y/N No
Tax Annual Amount 3505
Home Warranty Y/N No
Middle/Junior High School McNair - Fulton
Property Condition Resale
Standard Status Active
Occupancy Type Tenant
Cap Rate 0
Legal Description 5844 Old Bill Cook Road Deed Book 39205 Page 235 and 5850 Old Bill Cook Road Deed Book 39205 Page 208
Corporate Owner None
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InteriorFlooring Carpet Vinyl
Furnished Y/N Unfurnished
Window Features None
Total Baths 0
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ExteriorFencing Front Yard
Parking Features Driveway Level Driveway
Lot Features Level
Water Source Public
Total Parking 0
Lot Dimensions 0
Lot Size Acres 6.2
Private Pool No
Lot Size Source Owner
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* Excluded FeaturesList ByDAVID JULIAOListing Agent
Realty Associates Of Atlanta, Llc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,735
- Monthly Property Taxes
- $292
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $660,349
Percent of Sale Price 13%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
1927493 Elementary School
1928227 Middle School
Banneker High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/22/2025 | $759,000 | | Listed Price |