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  • $599,000

    559 Evergreen Ter, Forest Park, GA 30297

    8beds
    4baths
    --sqft
    Quadruplex, Residential Income
    Built in 1968
    -- sqft lot
    $592,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern finishes
    TENANT OCCUPIED – PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 12-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. There are 5 buildings in the complex. Four have sold. This offering includes individually deeded quadruplexes, this building has four spacious 2-bedroom, 1-bath units! The current owner has completed substantial upgrades, including fully renovating all kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, all 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
    72 days
    on Zillow
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    76
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    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 06:50pm

    Listing Provided by:

    Erika Brown,

    Bolst, Inc. 404-482-2293,

    Sarah Brown,

    Bolst, Inc.

    Source: FMLS GA,MLS#: 7535386MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 559 Evergreen Ter.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Heat Pump
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Insulated Windows
    Video & virtual tour

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Doors, Accessible for Hearing-Impairment
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    • Has view: Yes
    • View description: Rural
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.42 Acres
    • Dimensions: 201 x 90
    • Features: Private
    Details
    • Parcel number: 13019D E005
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Near Public Transport, Near Schools, Street Lights
    • Security: None
    • Subdivision: Springwoods
    HOA
    • Has HOA: No
    Location
    • Region: Forest Park

    Financial & listing details

    • Tax assessed value: $234,200
    • Annual tax amount: $4,351
    • Date on market: 3/6/2025
    • Electric utility on property: Yes
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