1543 Hardin AVE Save Request In-Person Tour Request Virtual Tour
College Park,GA 30337
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 10619961
Year Built 1965
Annual Tax Amount $8,048
Tax Year 2024
Lot Size 0.436 Acres
Property Sub-Type Multi Family
Property Description
Exceptional 8-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, public parks, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property offers a rare 7.5% cap rate and immediate cash flow with over $122,000 in annual income. The community features 8 1-bed/1-bath units. All units were fully upgraded in 2022 with quartz countertops, stainless steel appliances, Nest thermostats, and modern finishes. Most water heaters and HVAC systems are also nearly new, providing long-term efficiency and reduced maintenance. Currently, there are 2 vacant units, one of which will be left for showings and the other will be leased before closing. The remainder are leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 12 dedicated parking spaces for the tenants. This is a turnkey, stabilized asset that combines modern renovations with a strong tenant base in a high-demand location. A prime opportunity for investors seeking reliable returns, strong appreciation potential, and cash flow from day one.
Location
State GA
County Fulton
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Parking Features Assigned,Parking Pad
Garage Spaces 12.0
Community Features Walk To Schools,Near Shopping
Utilities Available Electricity Individual Meters,Other
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Parklane
Middle Schools Paul D West
High Schools Tri Cities
Others
Special Listing Condition Resale