692 Smith St SW Atlanta, GA 30310
6,438 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Crown Park
MLS Listing ID 7600640
Construction Status New Construction
HOA Y/N No
Year Built 1960
Annual Tax Amount $8,727
Tax Year 2024
Lot Size 6,438 Sqft
Acres 0.1478
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
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
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Window Features None
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
Accessibility Accessible Bedroom
Handicap Access Accessible Bedroom
Total Parking Spaces 6
Private Pool false
Building
Lot Description Other
Story One
Sewer Other
Water Other
Level or Stories One
Structure Type Brick 4 Sides
Construction Status New Construction
Schools
Elementary Schools Cascade
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 008600031144
