5002 Park AVE, Forest Park, GA 30297
5002 Park AVE, Forest Park, GA 30297
5002 Park AVE, Forest Park, GA 30297
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$495,000
Est. payment /mo
9,583 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10772279

HOA Y/N No

Year Built 1947

Annual Tax Amount $6,110

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 9583.2

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

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.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Electricity Individual Meters, Gas Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces use GPS

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

HOA Fee Include None

Tax ID 13050D J001

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale


Read Less Info
Georgia MLS - GAMLS

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

Re-Pic  (7)

Go tour this home

5002 Park AVE