3632 E Main Street, College Park, GA 30337
sale
$650,000
|
Other
Courtesy Of Chapman Hall Realtors
INVESTOR OPPORTUNITY in Historic COLLEGE PARK - College Park Flats is a 5-unit multifamily asset offered at $130,000 per unit, providing an opportunity to acquire an apartment property in an established Atlanta-area submarket. The current rent roll consists of four 1-bedroom units renting at $1,020, $995, $995, and $995 per month, plus one 2-bedroom unit renting at $1,150 per month, generating $5,155 in current monthly rental income, or $61,860 annually. The property features separately metered electric, public water/sewer, six parking spaces, and a two-story building originally constructed in 1940 and renovated in 2025. Investors can add rental-rate growth, exterior improvements, on-site laundry, and parking-area enhancements. Conveniently located near Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, Gateway Center Arena, and major transportation corridors. An opportunity to acquire, improve, and operate a 5-unit multifamily asset with multiple avenues for potential income growth. Contact the listing broker for financials, due diligence materials, and showing instructions.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Ductless
- Cooling System: Ceiling Fan(s)
- Floor Covering: Vinyl
- Floors: 2
- Heating System: Ductless (Heating)
- MLSID: 7834914
- Parking Spaces: 6
- View Type: City
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