Jemel Smith
BEDS0
BATHS
MLS#10772279
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODForest Park
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Stories: 1.0
Taxes: $6,110
Year Built: 1947
Feature Descriptions
Days on Site: 8
Exterior: Vinyl Siding
Parking Notes: None
Sewer: Public Sewer
Units: 4
Utilities: Electricity Individual Meters, Gas Individual Meters
Water: Public
Local Schools
High School: Other
Middle School: Other
Elementary School: Other
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-541-3500
Shown By
Agent Name: Jemel Smith
Agent Phone: (770) 891-2554
Agency Title: Crye-Leike Real Estate Services
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 1,755.20 per month $1,101.66 Principal & Interest $509.17 Property Tax $144.38 Homeowner's InsuranceChange Payment Information
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5002 Park Avenue | MLS# 10772279
This multi-family property located at 5002 Park Avenue, Forest Park, GA 30297 is currently listed for sale with an asking price of $495,000. Search Forest Park real estate on www.jemelsmith.realtor today.