Viewing Listing MLS# 396939542

$550,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$550,000 Increase +$100,000
671 Georgia Avenue
Forest Park, GA 30297
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/A SqFt
  • 1964Year Built
  • 0.34Acres
  • MLS# 396939542
  • Multifamily
  • Quadruplex
  • Active

  • Approx Time on Market3 months, 23 days
  • AreaN/A
  • CountyClayton - GA
  • Subdivision FOREST PARK

Overview

QUADPLEX IN FOREST PARK...Investor's Dream Opportunity!! 4 680 sq ft 1br/1ba units. Fantastic turn-key, currently occupied by family members and charging very low rent. Buyer can expect to receive at least $1,000 per month for each of the 4 1bd 1 ba units. Total income-producing quadruplex $4,000 per month can easily be increased to 5000 monthly after renovations. Tenants will move out once deal is reached. It is a highly desirable areawell-kept, four-sided brick. Units are turnkey and all-electric. Central HVAC. Each unit is about 680 sq ft. all are 1 bedroom and 1 bathroom. Grow your rental portfolio, stay in one unit, and let the mortgage get paid by the other units. FOREST PARK INVESTMENT. DON'T MISS OUT!! Please drive by the property; DO NOT disrupt tenants. NO FHA loans. Appointments for viewing will be made during due diligence. We are also selling another Quadplex in WEST END at 425 Holderness St SW, Atlanta, GA 30310



Association Fees / Info

Hoa:  No

Community Features:  None

Bathroom Info

Building Info

Habitable Residence:  No

Number of Units Total:  4

Exterior Features

Fence:  None

Pool Private:  No

County:  Clayton - GA

Acres:  0.34

Financial

Original Price:  $400,000

Owner Financing:  No

Garage / Parking

Parking Features:  Driveway

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  None

Levels:  Two

Lot Info

Lot Size Source:  Public Records

Lot Features:  Level

Lot Size:  200 x 75

Misc

Property Attached:  No

Home Warranty:  No

Open House

Other

Property Info

Construction Materials:  Brick

Year Built:  1,964

Property Condition:  Resale

Roof:  Composition

Property Type:  Residential Income

Rental Info

Land Lease:  No

Special Features

Green Features:  None

Special Listing Conditions:  None

Special Circumstances:  None

Tax Info

Tax Amount Annual:  1641

Tax Year:  2,023

Tax Parcel Letter:  13-0050C-00B-007

Unit Info

Utilities / Hvac

Cool System:  Ceiling Fan(s), Central Air

Heating:  Central

Utilities:  Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  None

Schools

Elem:  Fountain

Middle:  Babb

High:  Forest Park

Directions

NO Showing until DD

Listing Provided courtesy of Dalton Wade, Inc. 

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Information was last updated: 11-13-2024 2:00 AM EST est.

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Price & Status History (on sharondoverrealestate.com since Sat, Jul 20th 2024)
  • Original Price: $400,000
  • Current Price: $550,000
  • Price Increased: $150,000
Date ChangedFromTo
09/03/2024$450,000 $550,000 Increase by $100,000
08/28/2024$425,000 $450,000 Increase by $25,000
07/23/2024$450,000 $425,000 Reduced by $25,000