TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 20-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. Buildings 554, 574, 573, and 559 are also available for purchase. The listed price reflects the cost for each individual building. This offering includes five individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 20 units! The current owner has completed substantial upgrades, including fully renovating 15 out of 20 kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, 16 out of 20 HVAC systems have been replaced, all electrical and plumbing systems have been updated, and the roofs and windows on all buildings were recently replaced. While much of the hard work has been done, this portfolio presents an opportunity for a savvy investor to add value and further enhance the remaining units. This is your chance to grow your wealth through long-term appreciation in one of the country's most dynamic markets. The Atlanta metro area is expected to double in population over the next 20 years, driving continued demand for quality rental properties like Evergreen Terrace. Positioned on a generous 2.35-acre lot, the property is centrally located just 10 minutes from Hartsfield-Jackson Atlanta International Airport and 12 minutes from Porsche Headquarters, with quick access to major highways like I-285 and I-75. Public transportation is also conveniently available, with MARTA stops within walking distance. Each building features a single water meter, and tenants pay a monthly utility fee that covers water and sewer costs, making management simple and efficient. Units offer tenant-friendly features such as in-unit washer/dryer hookups, modern designer lighting, and spacious 2-bedroom layouts. While each building is deeded individually, the seller's preference is to sell all five buildings together, presenting an investor with a rare opportunity to acquire 20 units in one transaction. The combination of thoughtful renovations, professional management, and a prime location near major employment hubs ensures strong tenant demand and consistent returns. Additionally, this property is perfectly positioned for long-term growth as the Atlanta metro continues to expand, offering excellent appreciation potential for forward-thinking investors. Contact us today to learn more and take the first step toward securing this exceptional asset. A member of the selling entity is a licensed real estate professional in the State of Georgia Schedule a Private Showing

Listing courtesy of GAMLS / Erika Brown / Bolst, Inc.

Last checked: Checking… • Last updated Jan 24, 2025 • Source: GAMLS

MLS# 10445117 — Report a problem

This property is listed in more than one place. See it here.