692 Smith St Sw, Atlanta, GA 30310
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
692 Smith St Sw,Atlanta, GA 30310
$1,100,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:stephan dickie
Office:atlanta leasing & investment
MLS#:7600640
Source:FIRSTMLS
Price summary
- Price:$1,100,000
About this home
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.
Contact an agent
Home facts
- Year built:1960
- Listing Id #:7600640
- Updated:August 11, 2025 at 06:36 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1960
- Lot area:0.15 Acres
Schools
- High school:Maynard Jackson
- Middle school:Martin L. King Jr.
- Elementary school:Cascade
Utilities
- Water:Water Available
Finances and disclosures
- Price:$1,100,000
- Tax amount:$8,727 (2024)
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