Cheerful 1920s Ormewood Park bungalow PLUS separately metered ADU! Welcome to Alloway Place, a quiet intown street dotted with historic cottages and bungalows and just around the corner from the Beltline. Situated on a spacious .2 acre lot, 987 Alloway consists of the primary dwelling--a charming brick 2 bedroom 2 bath bungalow, and the cottage--an adorable 1 bedroom 1 bath accessory dwelling unit. The primary residence is 1340 square feet and has great flow! A screened-in porch overlooks a peaceful, fully-fenced front yard. The bright and cheery interior boasts oak flooring, an open living and dining room, and well-appointed kitchen with white shaker cabinets, granite countertops, a pantry closet, and SS appliances. Two spacious bedrooms and 2 full baths receive abundant natural light. The primary suite has a large walk-in closet and a luxurious bath with a double vanity, separate shower, and cast iron soaking tub. A dedicated laundry and mudroom off the kitchen offers maximum convenience. You'll love the sweet historic details of this home, including original fireplaces, glass doorknobs, original medicine cabinet, and laundry cubby with built-in ironing board. Savvy buyers, the cottage has a steady AirBnB rental history with superhost sellers. In fact, they put their 2 little ones through daycare with the additional rental income! The cozy 480 sq ft cottage offers a full kitchen, bath, separate living and dining room, and bedroom (large enough for a king bed!). Internet, gas, water, and electric are all billed separately-- and no worries about sharing the yard or parking areas; the cottage has its very own backyard, deck, and parking. The home has a transferable pest exclusion from Northwest; sump, drainage, and vapor barrier from Crawl Space Medics 2024. Zoned for highly coveted Parkside Elementary in the Maynard Jackson Cluster.