Attention Investors! – This large and luxurious home includes a short-term rental (STR) and a rental unit. The STR is located on the main level and is currently a very well-established profitable 5-star 1 bed/1 bath luxury Airbnb guest suite. The second is located on the third level and is a 1,500 sq. ft. 2 bed/1 bath with kitchenette, spacious living and dining areas, office nook, laundry room, Juliet balcony and additional storage. Both have private entrances. This home offers total flexibility; keep the STR and rental for income generation or easily incorporate them back into the residence for additional space. Or rent the entire house as a short-term rental or longer-term lease. Ideal for film industry rentals. The entire home offers countless recent upgrades, high-end interior finishes and oasis/ resort style grounds featuring a custom heated pool and spa, outdoor kitchen, expansive rear deck and much more. Features include solid brick and stone exterior, 12ft coffered ceilings on main, absolutely gorgeous mill work and tile work, 3 finished levels and an elevator shaft. Including the STR and rental, the home has 7 bedrooms each with own bath (including 2 primary suites), 6.5 baths and multiple living spaces. The over-sized two car garage has room for a car lift to accommodate additional vehicles if desired. The spacious main level is an entertainer’s dream. Open concept living with 12-ft ceilings, gorgeous millwork and hardwood floors. Formal living area with 9 ft French doors opening to expansive deck, dining room with ample seating for large groups, updated gourmet kitchen with Italian ceramic backsplash, new deep stainless sink/faucet, newer refrigerator, 2 new KitchenAid dishwashers, new Thermador gas oven and new KitchenAid wall oven/microwave. Plus, lovely Carrara marble countertops, bar seating for 6 and plenty of cabinet and pantry space. The kitchen and dining area opens to the bright and airy family room featuring walls of windows with new motorized blinds and tremendous natural light. There is a see-thru fireplace with 2 sets of French doors leading to a covered patio overlooking the custom heated pool and spa oasis, outdoor kitchen, huge deck, multiple lounging/dining areas and lush landscaping. Also, on this level is the first of 2 primary bedroom suites, complete with full bath (dual vanities, jacuzzi tub and separate shower) and spacious walk-in closet. This room is currently being used as an Airbnb/ short-term rental (with private access), but would also make an ideal in-law/nanny suite. The spacious second level primary suite features a vaulted ceiling, see-thru fireplace, covered balcony overlooking the pool, and has a spa-like bathroom with double vanities, huge double shower, soaking tub, separate water closet and gorgeous custom tile work; plus, a spacious double closet. The 3 additional spacious bedrooms on this level have ample closet space and ensuite baths. A laundry room is also on this level with laundry sink. The third level has 2 bedrooms and a full bath, an expansive recreation room with 16 ft vaulted ceilings, Juliette balcony with city views, wet bar/kitchenette area and another laundry room. 532 Bishop sits as a retreat from the city, but steps from everything; the Atlanta Beltline, Freedom Trail, Schools, Krog Street Market, Ponce City Market and over 20 of Atlanta's best restaurants. Moreover, it’s just 1 mile to Downtown and a 15-minute drive to the Airport. This home provides the ultimate in luxury and location plus significant income generation opportunities.