Collette McDonald and Associates

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$2,500,000
25 Days On Site

1701 Hawthorne Avenue
Atlanta, GA 30337

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1972
Built
Subdivision:
College Park
County:
Fulton
Call Now: 770.500.8400
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770.500.8400
1701 Hawthorne Avenue1701 Hawthorne Avenue1701 Hawthorne Avenue1701 Hawthorne Avenue
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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 $261,000 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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Listing Snapshot
Price 
$2,500,000
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.872 Acres
Year Built 
1972
MLS® Number 
7640067
Status 
Active
Property Tax 
$13,742
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.872
Green Energy Efficient 
Appliances
Levels 
One
Number Of Stories 
1
Parking 
DrivewayParking LotSee Remarks
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
CarpetHardwood
Furnished 
Unfurnished
Heating 
Electric
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Wood Siding
Fencing 
None
Lot Features 
Corner Lot
Roof 
Shingle
View 
Rural
Waterfront Features 
Other
Waterview 
Rural
Windows/Doors 
Insulated Windows
Community Features
Community Features 
SidewalksStreet Lights
Schools
School District
Unknown
Elementary School
Parklane
Middle School
Paul D. West
High School
Tri-Cities
Listing Provided Courtesy Of: Hardeman Team of Hardeman Real Estate LLC Offers@hardemanre.com

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Neighborhood & Commute
Source: Walkscore
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