$600,000
SOLD OCT 28, 2024

564 Springwood Dr Forest Park, GA 30297

-- Bed
-- Bath
1,711 Sq Ft
0.42 Acres

Recently Sold

$351 Per Sq Ft

13 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2024

Cash-flowing quadplex (4 units)! Deal package is available when buying both quads (564 & 575) (8 units total). $599k/each property. $125,400 total annual income! All units are recently renovated! Prime Location!!! Right next to Hartsfield Jackson Airport (one street over), between I-75 and I-285, and the MARTA blue route is just two minutes of a walk away! Great opportunities for house hacking and Airbnb. Rent increases can accommodate $1,400+/- monthly. No HOA.

Last Agent to Sell the Property

Cong Nguyen

Ascend Realty Group License #368207 Listed on: 08/09/2024

Ascend Realty Group

Co-Listed By

Ha Nguyen

Ascend Realty Group License #418168

Last Buyer's Agent

Makala Gill

Coldwell Banker Realty License #384808

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1969

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Huie Elementary School
  • Forest Park Middle School
  • Forest Park High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 0.42 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • The owner pays for trash collection, water

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Springwoods Subdivision

Building Details

  • Gross Income $5,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Co List Office: ARGP01
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .42
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 8

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Public Transit

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Huie
  • High School: Forest Park
  • Middle School: Forest Park
  • Elementary School: Huie
  • Middle School: Forest Park
  • High School: Forest Park

Rental Info

  • Owner Pays: Trash Collection, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6132

Multi Family

  • GrossIncome: 5150
  • NumberOfUnitsTotal: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $600,000 +0.2% $351 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $599,000 +71.1% $350 / Sq Ft
07/30/2021 07/30/21 Sold $350,000 -6.7% $205 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $375,000 -- $219 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cong Nguyen

    Seller's Agent in 2024

    Cong Nguyen

    Ascend Realty Group

    (678) 772-8783

    6 in this area

    65 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2024

    Ha Nguyen

    Ascend Realty Group

    (770) 592-9557

    2 in this area

    10 Total Sales

    Section Image
  • Makala Gill

    Buyer's Agent in 2024

    Makala Gill

    Coldwell Banker Realty

    (678) 576-3161

    1 in this area

    23 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Minesh Patel

    Better Homes and Gardens Real Estate

    (404) 843-2500

    3 in this area

    128 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10355486

Georgia MLS

APN: 13-019D- G-008

Georgia Clayton County Forest Park 30297

564 Springwood Dr, Forest Park, GA

This home is located at 564 Springwood Dr, Forest Park, GA 30297 and is currently priced at $600,000, approximately $350 per square foot. This property was built in 1969. 564 Springwood Dr is a home located in Clayton County with nearby schools including Edmonds Elementary School, Huie Elementary School, and Forest Park Middle School.

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