559 Evergreen Terrace, Forest Park, GA 30297

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Sold Price
$587,000
List Price
$599,000
Closing Date
Mar 31, 2026
MLS#
10672461
Type
Multifamily
City
Forest Park
County
Clayton
Subdivision
Springwoods
Year Built
1968

Property Description

TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. This property is part of a 20 -unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. There are 5 buildings in the complex. Four have sold. This building has four spacious 2-bedroom, 1-bath units!The current owner has completed substantial upgrades. 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

Additional Information

Elementary School
Other
High School
Forest Park
Parking
Detached
Basement Type
Crawl Space
Stories
2 Stories
Fees Include
None
Tax Year
2025

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Listing courtesy of Bolst, Inc.. Selling Office: .

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