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554 Evergreen Terrace Forest Park, GA 30297

Buy the block! This is a 20 unit pacakage deal --5 Quads. Properties are professional managed and landscaped. All of the 4-plexes are located on the same street. Rents are currently below market rate. Properties are low maintenance brick, all electric (tenants pays for power), and owner pays water. Properties can be easily submetered. Very close to airport. Also the airport is planning to install new windows, doors and exhaust fans in each unit by the end of the year as a part of their noise abatement program. Priced at 9% Cap Rate. Gross Income $ 140,000
Directions:  Heading southeast on Jonesboro Rd turn right onto Conely Rd, Turn left onto Gilbert Pl, Turn left onto Hendrix Dr, Turn Right onto Evergreen Terrace, Property is on the right.

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Listing Number:  6041112 List Price:  1092500
Listing Status:  Pending Property Type:  Multi Family
Address:  554 Evergreen Terrace City:  Forest Park
County:  Clayton State:  GA
Country:  US Zip:  30297
Area Name:  161 - Clayton County Year Built:  1969
Age:  Resale Construction:  Brick
Lot Description:  Level,Level Driveway Lot Dimension:  96x205x96x204
Lot Size:  1/3 to 1/2 Acre Sewer:  Public Sewer
Parking:  Driveway Number of Parking Spots:  2
Heating:  None Cooling:  None
Subdivision:  Springwoods Elementary School:  Brown - Clayton
Middle School:  Forest Park High School:  Forest Park
Possible Use:  Driveway Taxes Annual:  6896

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Last updated on September 25, 2018 at 10:24 PM

Information deemed reliable but is not guaranteed

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