$1,248,000

692 Smith Street SW 6, Atlanta, GA 30310

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon6,447sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Atlanta Leasing & Investment : 404-348-4448
Listing Agent:
Stephan Dickie : 404-435-8149
MLS ID:
10546615
  • Basement: Bath Finished
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0

This listing courtesy of Stephan Dickie, Atlanta Leasing & Investment

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dunbar Elementary School

500 Whitehall Ter SW, Atlanta, GA, 30312

Grades PK-5

0.38 miles away

M

Martin Luther King Jr. Middle School

545 Hill St SE, Atlanta, GA, 30312

Grades 6-8

1.16 miles away

G

G. W. Carver High School

55 McDonough Blvd SE, Atlanta, GA, 30315

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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