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About This Home
This 0-bedroom, 0-bathroom residential multi family at 5002 Park Avenue in Forest Park, GA is listed for $495,000. Built in 1947, on a 0.22 acres lot.
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.
Key Features
- Built in 1947
- 0.22 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,647/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5002 Park Avenue
Forest Park, GA 30297
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5002 Park Avenue is listed at $495,000. The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 0.22 acre lot.
This property is listed by Alex Gaston and can be reached at 7573036078 or agaston757@gmail.com.
