GA > Forest Park
Forest Park, GA 30297,5002 Park AVE
Forest Park, GA 30297,5002 Park AVE
Forest Park, GA 30297,5002 Park AVE
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$520,000
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9,583 Sqft Lot
Active Under Contract

5002 Park AVE Forest Park, GA 30297

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Nicole Van Den Bergh

Nicole Van Den Bergh

+1(770) 283-1223

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 10647483

HOA Y/N No

Year Built 1947

Annual Tax Amount $6,110

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 9583.2

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Clayton

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

HOA Fee Include None

Tax ID 13050D J001

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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Nicole Van Den Bergh

Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

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5002 Park AVE

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