588 Parkway NE Drive

Highlights:

• Lot Features: Level
• Bathrooms Total: 0
• Cooling: Central Air, Wall Unit(s)
• Heating: Central
• Flooring: Hardwood, Laminate
• Construction Materials: Brick, Lap Siding
• Parking Features: Parking Lot
• Accessibility Features: None
• Security Features: None

Description:

Charming 1920s fourplex directly across from The Darwin boutique hotel in the heart of Old Fourth Ward - steps to Ponce City Market, the BeltLine, and Central Park. Four cozy one-bedroom units with updated kitchens and flooring, new roof (2018) and HVAC (2019). Under the same ownership since 1990, three units are leased at rents well under today's market, and the fourth just turned over - freshly cleaned and ready for a quick refresh before re-renting at market rate. Live in one unit and rent the other three, or hold as a turnkey investment with built-in upside. Priced $300K below the county's own assessed value. Walk Score 90. A rare owner-occupant or investor opportunity in one of Atlanta's hottest walkable neighborhoods. The deep 7,501-square-foot RG-4 lot also includes a substantial open area at the rear, offering intriguing long-term possibilities subject to zoning and City approval. Purchase 588 individually or consider the unique opportunity to acquire it together with adjacent 590 Parkway Drive, also offered for sale.

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