692 Smith St SW
Atlanta, GA 30310
0.15 acres | #7600640
Description
This renovated 6-unit multifamily property is located near Summerhill and Georgia State University, one of Atlanta’s fastest-growing neighborhoods. The property is just steps from GSU, the BeltLine, and the 2026 FIFA World Cup activity zone, and it’s surrounded by major projects such as Underground Atlanta, Centennial Yards, and the South Downtown Revitalization.
Property Highlights
Turnkey Investment: This property has been recently renovated inside and out, offering a truly turnkey opportunity. Investors can begin generating income immediately with minimal upfront effort.
Location: Ideally situated in a sought-after area of Atlanta, just steps from Summerhill and Georgia State University. With the 2026 World Cup expected to bring increased attention and tourism to the region, the property is well-positioned for both appreciation and rental growth.
Cashflow: The property has produced consistent cash flow for over three years through short-term rental operations. Historical financials are available upon request to confirm performance.
Capital Improvements: Extensive capital improvements have been completed across all units since 2021, including both interior and exterior upgrades. All mechanical systems and appliances are in working condition, reducing the need for deferred maintenance.
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Water Available, Other
- Middle SchoolMartin L. King Jr.
- Property ConditionNew Construction
- High SchoolMaynard Jackson
- Parking FeaturesParking Lot
- CountyFulton - GA
- SubdivisionCrown Park
- Original List Price$1,248,000
- Fence DescriptionBack Yard
- Property TypePurchase
- Elementary SchoolCascade
- MLS #7600640
- Cost1248000
- MLS #7600640
- Acres0.1478
- Taxes Annual$8,727
- ViewOther
- Lot DescriptionOther
- Sewer InformationOther
- Utility SourceOther
- Property SubtypeOther
- Year Built1960
Location
Legal
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.
Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Stephan Dickie (#SDICKIE)
Listing Office: Atlanta Leasing & Investment (#ALSA01)

Interested in Purchasing 692 Smith St SW?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.