1701 Hawthorne Avenue, Atlanta, GA 30337
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
1701 Hawthorne Avenue,Atlanta, GA 30337
$2,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: tim hardeman
Office: hardeman real estate
MLS#:10839314
Source:METROMLS
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Price summary
- Price:$2,550,000
About this home
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....
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Home facts
- Year built:1972
- Subdivision & Development:College Park
- Listing ID #:10839314
- Updated:November 13, 2026 at 07:29 AM
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1972
- Construction Materials:Wood Siding
- Levels:1 Story
Schools
- High school:Tri Cities
- Middle school:Paul D West
- Elementary school:Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,550,000
- Tax amount:$13,742 (2024)
Parking
- Parking description:Assigned
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