5002 Park Avenue, Forest Park, GA 30297
- $479,900
- List Price
- $479,900
- Price Change
- ▼ $15,100 1784422414
- MLS#
- 10772279
- Type
- Multifamily
- City
- Forest Park
- County
- Clayton
- Year Built
- 1947
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.
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Additional Information
- Elementary School
- Other
- High School
- Other
- Parking
- None
- Basement Type
- None
- Stories
- 1 Story
- Fees Include
- None
- Tax Year
- 2024
Mortgage Calculator
Listing courtesy of Keller Williams Realty.
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