5002 Park Avenue
$495,000
5002 Park Avenue, Gillem Enclave, GA 30297
4
Units
1947
Year Built
Details:
Highlights:
- Lot Features: Corner Lot
- Gross Income: 4200
- Bathrooms Total: 0
- Cooling: Central Air
- Heating: Central
- Construction Materials: Vinyl Siding
- Parking Features: None
- Accessibility Features: None
- Security Features: None
Description:
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.
Listing ID: 7775643
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Location
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