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3632 E Main Street

$650,000

3632 E Main Street, College Park, GA 30337

Active
Last Updated: 10/12/2026

1940

Year Built

6

Parking Spots

Details:
Year Built:    1940
Parking Spots:    6
Highlights:
  • Lot Features: Free Standing
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Floor Plan
  • Cooling: Ceiling Fan(s), Ductless, Multi Units, Window Unit(s)
  • Heating: Ductless
  • Electric: Other
  • Flooring: Luxury Vinyl
  • Construction Materials: Other
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
  • Security Features: None
Description:

INVESTOR OPPORTUNITY in Historic COLLEGE PARK —
College Park Flats is a 5-unit multifamily asset offered at $130,000 per unit, providing an opportunity to acquire an apartment property in an established Atlanta-area submarket. The current rent roll consists of four 1-bedroom units renting at $1,020, $995, $995, and $995 per month, plus one 2-bedroom unit renting at $1,150 per month, generating $5,155 in current monthly rental income, or $61,860 annually. The property features separately metered electric, public water/sewer, six parking spaces, and a two-story building originally constructed in 1940 and renovated in 2025. Investors can add rental-rate growth, exterior improvements, on-site laundry, and parking-area enhancements. Conveniently located near Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, Gateway Center Arena, and major transportation corridors. An opportunity to acquire, improve, and operate a 5-unit multifamily asset with multiple avenues for potential income growth.
Contact the listing broker for financials, due diligence materials, and showing instructions.


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