Excellent Investment Opportunity! Renovated Triplex in Forest Park, Georgia. Each unit has one bedroom and one bathroom. Units were renovated with new kitchens, luxury LVP throughout, and refreshed bathrooms in 2022/2023. Fresh interior paint in 2024. Units have in unit washer/dryer hookups. Two out of three units are currently rented with screened tenants in place. Well located in Forest Park with convenient access to the Fort Gillem logistics area and area employers (Home Depot, Delta, Chick-Fil-A, Porche, Woodward Academy, Kroger), downtown Atlanta, the Airport and easy access to I-75/85, I-285.
Fully leased duplex, and a good income producing property! Close to the Airport, interstates I-75, I-285, and downtown Atlanta. Annual gross income $28,800
Fully leased duplex, and a good income producing property! Close to the Airport, interstates I-75, I-285, and downtown Atlanta. Annual gross income $27,000
TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 20-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. *Three buildings are under contract. Buildings 554 and 559 are still available.*. The listed price reflects the cost for each individual building. This offering includes individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 20 units! The current owner has completed substantial upgrades, including fully renovating 15 out of 20 kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, 16 out of 20 HVAC systems have been replaced, all electrical and plumbing systems have been updated, and the roofs and windows on all buildings were recently replaced. While much of the hard work has been done, this portfolio presents an opportunity for a savvy investor to add value and further enhance the remaining units. This is your chance to grow your wealth through long-term appreciation in one of the country's most dynamic markets. The Atlanta metro area is expected to double in population over the next 20 years, driving continued demand for quality rental properties like Evergreen Terrace. Positioned on a generous 2.35-acre lot, the property is centrally located just 10 minutes from Hartsfield-Jackson Atlanta International Airport and 12 minutes from Porsche Headquarters, with quick access to major highways like I-285 and I-75. Public transportation is also conveniently available, with MARTA stops within walking distance. Each building features a single water meter, and tenants pay a monthly utility fee that covers water and sewer costs, making management simple and efficient. Units offer tenant-friendly features such as in-unit washer/dryer hookups, modern designer lighting, and spacious 2-bedroom layouts. While each building is deeded individually, the seller's preference is to sell all five buildings together, presenting an investor with a rare opportunity to acquire 20 units in one transaction. The combination of thoughtful renovations, professional management, and a prime location near major employment hubs ensures strong tenant demand and consistent returns. Additionally, this property is perfectly positioned for long-term growth as the Atlanta metro continues to expand, offering excellent appreciation potential for forward-thinking investors. Contact us today to learn more and take the first step toward securing this exceptional asset. A member of the selling entity is a licensed real estate professional in the State of Georgia
Large square foot home with lots of rooms and options. Multiple bedrooms and bathrooms on each level. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
The median home value in Forest Park, GA is $167,000. This is lower than the county median home value of $233,900. The national median home value is $338,100. The average price of homes sold in Forest Park, GA is $167,000. Approximately 35.93% of Forest Park homes are owned, compared to 56.94% rented, while 7.12% are vacant. Forest Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Forest Park real estate agent to arrange a tour today!
Forest Park, Georgia 30297 has a population of 19,856. Forest Park 30297 is more family-centric than the surrounding county with 23.89% of the households containing married families with children. The county average for households married with children is 22.86%.
The median household income in Forest Park, Georgia 30297 is $37,370. The median household income for the surrounding county is $51,945 compared to the national median of $69,021. The median age of people living in Forest Park 30297 is 30.8 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 50 inches per year, with 1.5 inches of snow per year.