Active under contract
  • $520,000

    5002 Park Ave, Forest Park, GA 30297

    --beds
    --baths
    --sqft
    : 
    Multi Family, Quadruplex
    Built in 1947
    -- sqft lot
    $502,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated kitchenRefreshed kitchenMultiple newer furnacesJack-and-jill layoutCorner lotUpdated flooring
    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.
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