Property Description

Where else can you have A $1.1 MILLION HOME with just A POTENTIAL $3,000 MONTHLY NET HOUSING PAYMENT only 7 DOORS FROM THE BELTLINE?At 614 Irwin Street, the terrace-level apartment generates approximately $4,000 per month in rental income. Based on an illustrative $7,000 monthly mortgage payment, that income could offset more than half your payment?bringing your effective monthly housing expense to approximately $3,000. Designed by Atlanta architect Scott West, 614 Irwin Street offers a rare combination of thoughtful design, exceptional outdoor living, and an enviable BeltLine location in the heart of Old Fourth Ward. The home is currently an active Airbnb listing, so please note that we have reserved dates to work around. This early West Architecture Studio work offers the flexibility to occupy themain home with an income-producing apartment below, or enjoy one private residence acrossthree levels.The three-bedroom home blends modern architecture with warm, loft-inspired details. Eleven-foot main-level ceilings, a floating staircase, wood ceilings and exposed beams evoke thewarmth and volume of historic lofts. Unusual wood flooring, a product typically used in tractor-trailers, features substantial 12-inch-wide planks reaching 42 feet in length. Expansive windowsbring the surrounding tree canopy indoors, while floor-to-ceiling glazing gives the primary suitea tranquil landscape view. New slat siding and tile refresh the façade, complemented by apermeable-paver driveway.The primary bath pairs a sculptural soaking tub and oversized shower with leathered granitecountertops and a custom stone sink and vanity. Durability and low maintenance inform theconstruction: reinforced concrete block exterior walls with insulation within the blocks; brickand composite faux-wood siding; heavy-duty commercial-grade aluminum windows with one-inch insulated glass; metal railings; and composite decking. A brand-new TPO roof completesthe recent improvements.A new rear deck feels like a treehouse suspended among mature trees. Below, a fully fenced,Japanese-inspired garden pairs a signature Japanese maple and shady canopy with a fountain andfire pit. A private spa with privacy curtains completes the secluded outdoor retreat. Substantialwood-and-steel fencing, new synthetic turf and low-maintenance landscaping add everydaypracticality. Potential for a large rooftop deck offers another possibility, subject to structuralreview and permitting.The daylight lower level includes a kitchen, bath and separate entrance, offering flexibility as anincome-producing apartment, guest or extended-family suite, nanny accommodations or office.Currently rented through Airbnb, it generates approximately $35,000-$40,000 in annual grossrental income, according to the seller; future income is not guaranteed. The space can alsofunction as part of the main residence.Approximately 200 yards from the BeltLine and Howard Middle School, the home places KrogStreet Market, the King Center, Edgewood nightlife, Historic Fourth Ward Park, Ponce CityMarket and Inman Park Village nearby. Architectural character, exceptional outdoor spaces andadaptable living come together with the privacy and convenience of a single-family home in aconnected Intown setting. The property is currently used as an Airbnb short-term rental, generating average monthly rental income of approximately $5,000 for the upper unit and $3,400 for the lower unit.

Property Features

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