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$495,000

5002 Park Avenue, Forest Park, GA 30297Listing ID 7775643

5002 Park Avenue, Forest Park, GA 30297

Active

Time on site: 9 days • Last updated: 1 day ago

Property Type

Residential Income

Property Sub Type

Triplex

Acres

0.22

Days on Site

Cooling

Central Air

Heating

Central

Year Built

1947

Parking

Source: First Multiple Listing Service

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AGASTON

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.

Property Information

Property Details

Location

Address

5002 Park Avenue

County

Clayton - GA

City

Forest Park

Zip Code

30297

High School

Clayton - Other

Elementary School

Clayton - Other

Listing provided by Keller Williams Realty Intown ATL, (404) 541-3500

Interior Features

Heating and Cooling

Cooling

Central Air

Heating

Central

Building

Building Information

Year Built

1947

Construction

Vinyl Siding

Roof

Composition, Shingle

Condition

Resale

Property Taxes

Tax Annual Amount

$6,110

Tax Year

2024

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