1701 Hawthorne AVE, Atlanta, GA 30337
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1701 Hawthorne AVE, Atlanta, GA 30337
1701 Hawthorne AVE, Atlanta, GA 30337
1701 Hawthorne AVE, Atlanta, GA 30337
1701 Hawthorne AVE, Atlanta, GA 30337
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1701 Hawthorne AVE Atlanta, GA 30337

0.87 Acres Lot


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision College Park

MLS Listing ID 10839314

HOA Y/N Yes

Year Built 1972

Annual Tax Amount $13,742

Tax Year 2024

Lot Size 0.872 Acres

Acres 0.872

Lot Dimensions 37984.32

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Exceptional 16-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property offers a rare 7-8% cap rate and immediate cash flow with over $258,000 in annual income. The community features 12 spacious 2-bed/1-bath units and 4 well-designed studios. 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, every unit except the model is leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 28 dedicated parking spaces, a large maintenance shed, fiber-optic wiring, and a crawl space foundation that reduces upkeep expenses. 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

Rooms

Bedroom Description No

Basement None

Interior

Heating Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned

Community Features Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces Head south on Main St toward Harvard Ave. Turn left at the 1st cross street onto Harvard Ave. Turn left onto E Main St. Turn right onto Hawthorne Ave.

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Other

Middle Schools Paul D West

High Schools Tri Cities

Others

HOA Fee Include Other

Tax ID 14 015900140665

Special Listing Condition Resale


Georgia MLS - GAMLS

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Patricia Gaskins

+1(404) 229-8948

patricia.gaskins@exprealty.com

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1701 Hawthorne AVE