3632 E Main Street
$650,000
3632 E Main Street, College Park, GA 30337
1940
Year Built
6
Parking Spots
Details:
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.
Listing ID: 7834914
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