Investor Opportunity in Atlanta's Booming Old Fourth Ward ATTENTION INVESTORS & DEVELOPERS - Prime real estate opportunity in the heart of Old Fourth Ward! This property at 472 Parkway Dr, Atlanta, GA, sits in one of the city's most rapidly appreciating neighborhoods, where new luxury homes, ADUs, and modern multi-level builds are transforming the streetscape. ?? After Repair Value (ARV): $1.6M+? ?? Lot Size: Generous lot with redevelopment potential? ?? Zoning: Perfect for expansion, additional dwelling units (ADUs), or a new construction luxury home? ?? Neighborhood Growth: Nearby properties have added 3rd floors, ADUs, or undergone complete modern rebuilds??? High Rental Demand: Located near Ponce City Market, Beltline, and Downtown Atlanta ?? Why This Property?? ? Elderly Seller Needs a Quick Sale - No Repairs Needed! Save time & capitalize on this below-market deal.? ? Prime Location - Walk to the Beltline, top dining, entertainment, & tech hubs.? ? Tremendous Upside Potential - Transform this home & maximize ROI in one of Atlanta's most sought-after locations. ?? Act Fast - These Deals Don't Last! Investors & developers, bring your vision and make this a standout investment.
Property Features
Bedrooms
- Bedrooms: 4
- Bedrooms On Main Level: 3
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathrooms On Main Level: 2
Interior Features
- Master On Main Level
- Flooring: Hardwood
- Window Features: Double Pane Windows
Appliances
Other Rooms
- Laundry
- Basement Description: Bath Finished
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Heating Features: Central, Forced Air
- Heating: Yes
- Number of Fireplaces: 1
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Features: Seats 12+
- Kitchen Description: Breakfast Room
- Kitchen Features: Breakfast Room,Solid Surface Counters
Exterior and Lot Features
- Garden
- Fencing: Back Yard
- Patio And Porch Features: Screened
Land Info
- Land Lease: No
- Lot Description: Private
- Lot Size Acres: 0.2
- Lot Size Source: Appraiser
- Lot Size Square Feet: 8712
Garage and Parking
Home Features
- View: City
- Green Energy Efficient: Appliances, Insulation
Homeowners Association
School Information
- Elementary School: Hope Hill
- High School: Grady
- Middle School: David T Howard
Amenities and Community Features
- Community Features: Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
Other Property Info
- Annual Tax Amount: 11522
- Source Listing Status: Active
- County: Fulton
- Directions: GPS perfect
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: townhouse
- Parcel Number: 14 004700050167
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 5001
- Year Built: 1920
- Above Grade Finished Area: 3543
- Above Grade Finished Area Units: Square Feet
- BelowGradeFinishedArea: 1458
- Below Grade Sqft Area Units: Square Feet
- Building Area Total: 5001
- Building Area Units: Square Feet
- Common Walls: No Common Walls
- Construction Materials: Brick
- Levels: Three Or More
- Living Area Source: Appraiser
- Living Area Units: Square Feet
- Property Age: 105
- Property Attached: No
- Property Condition: Updated/Remodeled
- Roof: Composition
- Levels or Stories: Three Or More
- Total Above Grade Sqft Area: 3543
- Total Below Grade Area: 1458
- Year Built Details: Updated/Remodeled
- Architectural Style: Brick 4 Side, Bungalow/Cottage
Utilities
- Electric: 220 Volts
- Electric On Property: Yes
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Water Source: Public
Accessibility Features
- Accessibility Features: Accessible Entrance, Accessible Kitchen
