$1,248,000
For Sale

692 Smith St SW

Atlanta, GA 30310
Browse 14 photos
Type:Purchase
Structure:House
Zone:Residential

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

Terri Sewell | VeribasReal Estate Group
OR

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