3632 E Main Street, College Park, GA 30337
- $650,000
- List Price
- $650,000
- MLS#
- 7841106
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.2044
- Subdivision
- N/A
Property Description
INVESTOR OPPORTUNITY in Historic COLLEGE PARK — College Park Flats is a 5-unit multifamily asset offered at $130,000 per unit, providing an opportunity to acquire an apartment property in an established Atlanta-area submarket. The current rent roll consists of four 1-bedroom units renting at $1,020, $995, $995, and $995 per month, plus one 2-bedroom unit renting at $1,150 per month, generating $5,155 in current monthly rental income, or $61,860 annually. The property features separately metered electric, public water/sewer, six parking spaces, and a two-story building originally constructed in 1940 and renovated in 2025. Investors can add rental-rate growth, exterior improvements, on-site laundry, and parking-area enhancements. Conveniently located near Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, Gateway Center Arena, and major transportation corridors. An opportunity to acquire, improve, and operate a 5-unit multifamily asset with multiple avenues for potential income growth. Contact the listing broker for financials, due diligence materials, and showing instructions.
Additional Information
- Stories
- Two
- Construction
- Other
- Year Built
- 1940
- Neighborhood Amenities
- Other
- Roof
- Other
- Lot Dimensions
- 8096
- Parking
- Parking Lot
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Hapeville
- Middle School
- Paul D. West
- High School
- Tri-Cities
- Acres
- 0.20
- Dock
- None
- Levels
- Two
- Taxes
- $6,186
Listing courtesy of Chapman Hall Realty.
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated