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$495,000

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9,591 Sqft Lot

New

5002 Park AVE Forest Park, GA 30297

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Quillie Williams

[email protected] +1(678) 573-6100

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 7775643

Construction Status Resale

HOA Y/N No

Year Built 1947

Annual Tax Amount $6,110

Tax Year 2024

Lot Size 9,591 Sqft

Acres 0.2202

Property Sub-Type Triplex

Source First Multiple Listing Service

Property Description

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.

Location

State GA

County Clayton

Area None

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features None

Exterior

Parking Features None

Fence None

Community Features None

Utilities Available None

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Corner Lot

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding

Construction Status Resale

Schools

Elementary Schools Clayton - Other

Middle Schools Clayton - Other

High Schools Clayton - Other

Others

Senior Community no

Tax ID 13050D J001

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Realty Intown ATL

Estimated Payment for This Home

The Quillie Real Estate TEAM calculator below automatically estimates the monthly payment, minimum down payment, taxes, insurance, and estimated cash-to-close based on this listing.

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Total Payment /mo

FHA • 3.5% Down $0 down Estimated Cash-to-Close $0

Purchase Price

Home price (auto-fills from listing)

Loan Program

Defaults to FHA

Term

Loan length

Credit Tier (for PMI) • FHA not affected by score

Conventional only

Down Payment

% or $

FHA min 3.5% enforced when FHA selected.

Interest Rate

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HOA /mo

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Home Insurance /yr

Escrowed

Property Taxes

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MLS Tax % (fallback)

Used when MLS mode

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Used when County mode

Manual Annual Taxes ($)

Used when Manual mode

Lender Fees ($)

Auto (2% of loan)

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Total Payment /mo

Estimated Cash-to-Close

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Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).

Details

Compare FHA vs Conventional

FHA

Payment /mo$0

Cash-to-close$0

Conventional

Payment /mo$0

Cash-to-close$0

$0 /mo difference • $0 cash difference

CONTACT QUILLIE FOR MORE INFORMATION

Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

5002 Park AVE Forest Park, GA 30297

Quillie Williams

Key Details

Location

Interior

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Schools

Others

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5002 Park AVE

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