1543 Hardin Avenue, College Park, GA 30337

$1,226,000

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Sold Price
$1,226,000
List Price
$1,250,000
Closing Date
Nov 14, 2025
MLS#
7657095
Status
CLOSED
Type
Multifamily
Subtype
Other
Lot Size
0.4362

Property Description

Exceptional 8-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, public parks, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property offers a rare 7.5% cap rate and immediate cash flow with over $122,000 in annual income. The community features 8 1-bed/1-bath units. 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, there are 2 vacant units, one of which will be left for showings and the other will be leased before closing. The remainder are leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 12 dedicated parking spaces for the tenants. 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.

Additional Information

Stories
Two
Construction
Brick 4 Sides
Year Built
1965
Neighborhood Amenities
Near Schools, Near Shopping
Roof
Composition
Lot Dimensions
x
Parking
Driveway, Parking Lot, See Remarks
Lot Desc
Private
Water
Public
Sewer
Public Sewer
Elementary School
Parklane
Middle School
Paul D. West
High School
Tri-Cities
Acres
0.44
Dock
None
Annual Expenses
24404
Levels
Two
Gross Income
118326
Net Operating Income
$93,922
Taxes
$8,048

Listing courtesy of Hardeman Real Estate LLC. Selling Office: Solutions First Realty, LLC..

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