692 Smith St SW new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30310
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Crown Park
MLS Listing ID 7600640
Year Built 1960
Annual Tax Amount $8,727
Tax Year 2024
Lot Size 6,438 Sqft
Property Sub-Type Other
Property 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.
Location
State GA
County Fulton
Area Crown Park
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Exterior
Parking Features Parking Lot
Fence Back Yard
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available,Other
Waterfront Description None
View Y/N Yes
View Other
Roof Type Shingle
Building
Lot Description Other
Story One
Sewer Other
Water Other
Structure Type Brick 4 Sides
Schools
Elementary Schools Cascade
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson