692 Smith St SW

Atlanta, GA 30310

$1,248,000

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.

    MLS Data

  • StatusActive
  • MLS #7600640
  • TypeResidential Income

    Exterior Details

  • ConstructionBrick 4 Sides
  • Built In1960
  • StoriesArray
  • ParkingParking Lot
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Water Available
  • Lot Dimensions6440
  • Acres0.1478

Listing Provided Courtesy Of: Atlanta Leasing & Investment 404-348-4448

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Data Last updated on July 5, 2025 12:32pm


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