GA
Clayton
Forest Park
30297
4843 Old Dixie Highway
4843 Old Dixie Highway, Forest Park, GA 30297
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Listing Type
Multi Family
Listing Status
Active
16
$1,275,000

Home Details for 4843 Old Dixie Highway

Price
$1,275,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1975
Lot size acres
0.918
County
Clayton
Garage
Basement
None
Days on site
0
MLS Listing#
10696522
Property Description

Fantastic property that has doubled in cashflow to $137k/yr in the past few years from over $305k in renovations. Property still has a LOT more value add potential to go. Property requires zero on-site staff, and only takes a couple hours a month of management visits for matters such as turnover or maintenance. All of the major systems have been updated such as underground sewer lines, entire roof replacements for 2/3 buildings, full gut job renovations, and adding more efficient thermostat-based air systems just to name a few. This property is also minutes to the Atlanta Harstfield-Jackson Airport, Forest Park Farmer's Market, numerous stores/restaurants, and is about 10 minutes to Southlake Mall which features numerous surrounding plazas. Unit makeup is 8x Studio/1BA, and 6x 1BR/1BA Apartments. Adjacent neighbors include Public Storage, and Georgia Power container bays inventory storage so it's fairly quiet.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • Detached
  • Basement
    • None
School Information
School Information for 4843 Old Dixie Highway, Forest Park, GA 30297
Elementary School
Edmonds
Middle School
Forest Park
High School
Drew
Listing Courtesy: Wynd Realty Georgia - 404-933-4017
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Neighborhood Market Statistics
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Georgia MLS.
EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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