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564 Evergreen Terrace

Forest Park, GA 30297
  • $625,000
  • STATUS: Pending
  • ON SITE: 19 Days
  • MLS #: 10445117
Pending
UPDATED: 38 min ago
$625,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 20-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. Seller prefers to sell buildings 554, 574, 573, and 559 along with building 564. The listed price reflects the cost for each individual building. This offering includes five individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 20 units! The current owner has completed substantial upgrades, including fully renovating 15 out of 20 kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, 16 out of 20 HVAC systems have been replaced, all electrical and plumbing systems have been updated, and the roofs and windows on all buildings were recently replaced. 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

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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Amanda Fiebig are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Amanda Fiebig. Data last updated: 2025-02-12T22:10:21.593.
www.amandafiebigrealtor.com/homes/159671569
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564 Evergreen Terrace Forest Park, GA 30297

  • Price: $625,000
  • Status: Pending
  • On Site: 19 Days
  • Updated: 38 min ago
  • MLS #: 10445117
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1968
Built
Neighborhood:
Springwoods
County:
Clayton
Area:
Forest Park
Elementary School:
Out Of Area
Middle School:
Forest Park
High School:
Forest Park
Property Description
TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 20-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. Seller prefers to sell buildings 554, 574, 573, and 559 along with building 564. The listed price reflects the cost for each individual building. This offering includes five individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 20 units! The current owner has completed substantial upgrades, including fully renovating 15 out of 20 kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, 16 out of 20 HVAC systems have been replaced, all electrical and plumbing systems have been updated, and the roofs and windows on all buildings were recently replaced. 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
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Garage YN Yes Levels Two Lot Size Area 18295.2 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Detached Parking Total 6

Interior Features

Above Grade Finished Area Units Square Feet Basement Crawl Space Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Heat Pump Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN No Community Features SidewalksStreet Lights Es Bus Yn Yes Hs Bus Yn Yes Ms Bus Yn Yes New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi FamilyQuadruplex Sewer Public Sewer Structure Type Quadruplex Tax Annual Amount 4351 Tax Year 2024 Utilities Electricity Individual MetersSewer ConnectedUnderground UtilitiesWater Billing Prorated Water Source Public

GAMLS logo Listing provided courtesy of Bolst, Inc.: 404-482-2293. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Amanda Fiebig are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Amanda Fiebig. Data last updated: 2025-02-12T22:10:21.593.
 
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Amanda Fiebig
478-952-2499
Perry GA, 31079