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56 Ormond Street; Atlanta, GA 30315

$373,000

1,503 Sq Ft
5 Bedrooms
1 Bathrooms
Driveway
7771952
Excellent income-producing investment opportunity near Grant Park and Georgia State University. This 5-bedroom rooming house features private tenant rooms with shared common areas including a kitchen, dining room, and bathroom. Tenants are already in place, providing immediate rental income for investors. Conveniently located near downtown Atlanta, public transportation, restaurants, shopping, and major highways. Strong rental demand in the area makes this property ideal for student housing, workforce housing, or long-term investment potential. A great opportunity to own a cash-flowing property in a growing in-town location.
Key Facts
  • Style:
  • Year Built: 1920
  • Status: Active
Schools
  • Elementary School: Parkside
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson
Bedrooms
  • Beds Total: 5
Bathrooms
  • Baths Full: 1
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: None

Learn more about this property...

Private & Public Schools Nearby

  • 1 / 5
    Below
    Avg

    Parkside Elementary School
    685 MERCER STREET SE; Atlanta, GA 30312
    Public PK-5th  |  629 students
    Metro Atlanta School Rank: 865th
  • 2 / 5
    Below
    Avg

    Maynard H. Jackson- Junior High School
    801 GLENWOOD AVENUE, SE; Atlanta, GA 30316
    Public 9th-12th  |  1,205 students
    Metro Atlanta School Rank: 256th

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Listing Provided Courtesy Of: Mark Spain Real Estate
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Listing information last updated on October 15, 2026
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