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  • $1,248,000

    692 Smith Street Sw, Atlanta, GA 30310

    2beds
    1baths
    --sqft
    : 
    Other, Residential Income
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This renovated 6-unit multifamily property is located near Summerhill and Georgia State University, one of Atlanta’s fastest-growing neighborhoods. The property is just steps from GSU, the BeltLine, and the 2026 FIFA World Cup activity zone, and it’s surrounded by major projects such as Underground Atlanta, Centennial Yards, and the South Downtown Revitalization. Property Highlights Turnkey Investment: This property has been recently renovated inside and out, offering a truly turnkey opportunity. Investors can begin generating income immediately with minimal upfront effort. Location: Ideally situated in a sought-after area of Atlanta, just steps from Summerhill and Georgia State University. With the 2026 World Cup expected to bring increased attention and tourism to the region, the property is well-positioned for both appreciation and rental growth. Cashflow: The property has produced consistent cash flow for over three years through short-term rental operations. Historical financials are available upon request to confirm performance. Capital Improvements: Extensive capital improvements have been completed across all units since 2021, including both interior and exterior upgrades. All mechanical systems and appliances are in working condition, reducing the need for deferred maintenance.
    52 days
    on Zillow
    |
    376
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 20, 2025 at 03:33am

    Listing Provided by:

    Stephan Dickie,

    Atlanta Leasing & Investment

    Source: FMLS GA,MLS#: 7600640MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Features
    • Windows: None
    Video & virtual tour

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Bedroom
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: No Dock
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 6,438.17 Square Feet
    • Features: Other
    Details
    • Parcel number: 14 008600031144

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1960

    Utilities & green energy

    • Sewer: Other
    • Water: Other
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Other
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Crown Park
    HOA
    • Has HOA: No
    Location
    • Region: Atlanta

    Financial & listing details

    • Annual tax amount: $8,727
    • Date on market: 6/17/2025
    • Electric utility on property: Yes
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