0.53 Acres Lot
0.53 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Historic College Park
MLS Listing ID 7771982
Construction Status Resale
HOA Y/N No
Year Built 1920
Annual Tax Amount $8,004
Tax Year 2025
Lot Size 0.525 Acres
Acres 0.5255
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month.
An additional detached building provides excellent value-add potential — ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use).
Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.
Location
State GA
County Fulton
Area Historic College Park
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Window Features None
Exterior
Parking Features Parking Lot
Fence None
Community Features Near Public Transport, Near Schools, Near Shopping, Restaurant, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Shingle Siding
Construction Status Resale
Schools
Elementary Schools Parklane
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Schools and Properties Nearby
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