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5002 Park Ave

Forest Park GA 30297

0.22 ac.
Duplex
Currently for sale - view listing

Overview

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

0.22 ac. lot size
Duplex

Property history for 5002 Park Ave

2021
Sold
$265,000
04 Feb 2021 by Jason Schneeberger, of Citiside Properties LLC
2018
Sold
Undisclosed
06 Feb 2018
2014
Sold
$73,500
09 Jun 2014 by SANDRA BRAY, of Maximum One Realty Greater Atl

Happy sellers in Forest Park

<50%
50% of sellers in Forest Park reported that their sale price either exceeded or met their price expectations.

Forest Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Forest Park over the last 12 months.

Local market activity for duplexes in Forest Park

In the last 12 months, 2 duplexes similar to 5002 Park Ave, have been sold.

This represents a 75% increase in duplexes sales when compared to the previous 12 months.

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