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588 & 590 Parkway Dr
Atlanta, GA Central Park

$1,598,000 USD

Multifamily For Sale  •  6,686 SF

2 Properties View all

Property Details

• Property Type Multifamily

60 Transit Score

90 Walk Score

Highlights

Rare Adjacent Multifamily Offering in Atlanta’s Old Fourth Ward

Six Units Across Two Properties - Four 1BR/1BA Units at 588 Parkway and Two Spacious 2BR/2BA Units at 590 Parkway

Significant Rental Upside - 588 Parkway’s Three Occupied Units Rent for $1,350-$1,425 per Month, Well Below Nearby Comparable Properties

RG-4 Zoning with Substantial Unbuilt Rear Lot Area and Potential for Additional Development, Subject to Buyer Verification

Exceptional Old Fourth Ward Location - Approximately 0.4 Miles from Ponce City Market and the Atlanta BeltLine Eastside Trail

Flexible Acquisition - Buy 588 Parkway, Buy 590 Parkway, or Acquire Both Properties Together

Property Flyers

588 & 590 Parkway Drive Offering Memorandum

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.6 mi
Transit/Subway	Drive	Walk	Distance
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
Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	19 min	-	11.2 mi