5002 Park Avenue, Forest Park, GA 30297
- $479,900
- List Price
- $479,900
- Price Change
- ▼ $15,100 1784421769
- MLS#
- 7775643
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Triplex
- Lot Size
- 0.2202
Property Description
Exceptional investment opportunity just minutes from the airport featuring a triplex plus a detached 1BR 1 BA cottage on a corner lot with strong cash flow and upside potential. The property includes two 2BR 1BA units, one 1BR 1BA unit, and a detached 1BR 1BA cottage, currently generating approximately $4,200/month in rental income. Major updates include a newer roof and siding (approx. 2018), new windows (2020), updated HVAC systems, multiple updated furnaces, and renovated interiors in select units. The detached cottage received a full HVAC upgrade in 2022. Conveniently located minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75, this is an ideal opportunity for investors seeking stable rental income, multiple revenue streams, and long-term growth potential.
Additional Information
- Stories
- One
- Construction
- Vinyl Siding
- Year Built
- 1947
- Neighborhood Amenities
- None
- Roof
- Composition, Shingle
- Lot Dimensions
- 171 X 56 1
- Parking
- None
- Lot Desc
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Clayton - Other
- Middle School
- Clayton - Other
- High School
- Clayton - Other
- Acres
- 0.22
- Dock
- None
- Levels
- One
- Gross Income
- 4200
- Taxes
- $6,110
Listing courtesy of Keller Williams Realty Intown ATL.
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