5002 Park Avenue, Forest Park, GA 30297
Local realty services provided by:ERA Towne Square Realty, Inc.
5002 Park Avenue,Forest Park, GA 30297
$520,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alex gaston404-541-3500
Office: keller williams realty intown atl
MLS#:7682129
Source:FIRSTMLS
Price summary
- Price:$520,000
About this home
Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering strong rental income and immediate upside. The triplex comprises two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Unit B features recent updates, including a refreshed kitchen, updated flooring, and a Jack-and-Jill layout. Unit A also boasts an updated kitchen, flooring, and bathroom. The detached cottage received a full HVAC upgrade in 2022. Major improvements include a newer roof and siding (approx. 2018), all triplex AC units replaced in 2020, multiple newer furnaces, new windows (2020), and a new sliding door in Unit B. Current income is $4,650/month with two tenants on month-to-month leases, providing flexibility for repositioning or owner occupancy. Conveniently located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, this property is ideal for investors or house hackers seeking a well-maintained multi-unit with strong cash flow and future potential.
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Home facts
- Year built:1947
- Listing ID #:7682129
- Updated:November 19, 2025 at 09:43 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition, Shingle
- Year built:1947
- Lot area:0.22 Acres
Schools
- High school:Clayton - Other
- Middle school:Clayton - Other
- Elementary school:Clayton - Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$520,000
- Tax amount:$6,110 (2024)
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