About 5002 Park Avenue
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.
Features of 5002 Park Avenue
| MLS® # | 7775643 |
|---|---|
| Price | $479,900 |
| Acres | 0.22 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 5002 Park Avenue |
|---|---|
| Subdivision | None |
| City | Forest Park |
| County | Clayton - GA |
| State | GA |
| Zip Code | 30297 |
Amenities
| Utilities | None |
|---|---|
| Parking | None |
| View | Other |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Windows | None |
| Roof | Composition, Shingle |
| Construction | Vinyl Siding |
School Information
| Elementary | Clayton - Other |
|---|---|
| Middle | Clayton - Other |
| High | Clayton - Other |
Additional Information
| Days on Market | 140 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Intown ATL |
|---|