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5002 Park Avenue , Forest Park, GA 30297

$495,000
  • 5002 Park Avenue , Forest Park, GA 30297 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7775643
STATUS PROPERTY TYPEMulti Unit - Multiple SCHOOLClayton - Clayton

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.

5002 Park Avenue | MLS# 7775643

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. Park Avenue is located within the Clayton - Clayton school district. Search Forest Park real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Composition, Shingle
Taxes: $6,110
Year Built: 1947

Feature Descriptions

Days on Site: 6
Exterior: Vinyl Siding
Lot: Corner Lot
Lot Dimensions: 171 X 56 1
Parking Notes: None
Sewer: Public Sewer
Units: 4
Water: Public

Local Schools

High School: Clayton - Other
Middle School: Clayton - Other
Elementary School: Clayton - Other
School District: Clayton - Clayton

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Intown ATL
Agency Phone: 404-541-3500

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

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Source: FMLS

Estimate Your Payment

Estimated Payment

$ 1,755.20 per month $1,101.66 Principal & Interest $509.17 Property Tax $144.38 Homeowner's Insurance

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