GA
Clayton
Forest Park
30297
5002 Park Avenue
5002 Park Avenue, Forest Park, GA 30297
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Listing Type
Multi Family
Listing Status
Active Under Contract
6
$520,000

Home Details for 5002 Park Avenue

Price
$520,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1947
Lot size acres
0.22
County
Clayton
Garage
Basement
None
Days on site
0
MLS Listing#
10647483
Property Description

Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering strong rental income and immediate upside. The triplex comprises two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Unit B features recent updates, including a refreshed kitchen, updated flooring, and a Jack-and-Jill layout. Unit A also boasts an updated kitchen, flooring, and bathroom. The detached cottage received a full HVAC upgrade in 2022. Major improvements include a newer roof and siding (approx. 2018), all triplex AC units replaced in 2020, multiple newer furnaces, new windows (2020), and a new sliding door in Unit B. Current income is $4,650/month with two tenants on month-to-month leases, providing flexibility for repositioning or owner occupancy. Conveniently located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, this property is ideal for investors or house hackers seeking a well-maintained multi-unit with strong cash flow and future potential.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Utilities
    • Other
  • Parking
    • None
  • Basement
    • None
School Information
School Information for 5002 Park Avenue, Forest Park, GA 30297
Elementary School
Other
Middle School
Other
High School
Other
Listing Courtesy: Keller Williams Realty - 404-541-3500
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EXIT REALTY SELF PROPERTY ADVISORS
32 Macon Street, McDonough, GA 30253
Office
770 597 2888
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