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588 NE Parkway Dr
Atlanta, GA 30308 Central Park

$899,000 USD

Apartments For Sale  •  3,748 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,980 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1920
  • Zoning RG4
60 Transit Score
90 Walk Score

Highlights

Four-Unit Value-Add Multifamily Opportunity in Atlanta's Old Fourth Ward
Three Units Occupied with One Vacant Unit Offering Immediate Renovation & Rent Upside
7,501 SF RG-4 General Multifamily Residential Lot with Potential Long-Term Expansion/Redevelopment Optionality
Current Rents Below Market with Opportunity to Increase NOI Through Renovation & Mark-to-Market Leasing
Approximately 0.4 Mile / 9-Minute Walk to Ponce City Market & Atlanta BeltLine Eastside Trail
Adjacent 590 Parkway Duplex Also Available - Combine for 6 Units on ±15,102 SF of Contiguous RG-4 Land

Amenities

  • Air Conditioning
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Family Room
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.6 mi
Transit/SubwayDriveWalkDistance
North Avenue (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 19 min - 11.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Daniel Latshaw 404-849-7688 Vision Commercial Advisors Inc.
Daniel Latshaw 404-849-7688 Vision Commercial Advisors Inc.