5002 Park Avenue, Forest Park, GA 30297

$479,900

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List Price
$479,900
Price Change
▼ $15,100 1784422414
MLS#
10772279
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family, Quadruplex
Lot Size
0.22

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
1 Story
Year Built
1947
Parking
None
Sewer
Public Sewer
Elementary School
Other
High School
Other
Acres
0.22
Levels
One

Listing courtesy of Keller Williams Realty.

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