Investor Opportunity in Atlantas 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 citys 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 Atlantas 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
- Primary Bathroom Features: Shower Only
Interior Features
- High Ceilings 10 ft Main
- Permanent Attic Stairs
- Flooring: Hardwood, Luxury Vinyl
- Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Other Rooms
- Basement, Workshop
- Basement Features: Daylight, Driveway Access, Exterior Entry, Finished, Finished Bath, Interior Entry
Appliances
- Laundry Features: Main Level
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Fireplace Features: Brick
- Heating Features: Central, Forced Air
- Number of Fireplaces: 1
Kitchen and Dining
- Dining Room Features: Seats 12+
- Kitchen Features: Breakfast Room, Cabinets Stain, Solid Surface Counters, Stone Counters
Manufactured and Mobile Info
Exterior and Lot Features
- Garden
- Private Yard
- Fencing: Back Yard
- Patio And Porch Features: Covered, Enclosed, Front Porch, Screened, Side Porch, Wrap Around
- Road Frontage Type: City Street
- Road Surface Type: Paved
Land Info
- Lot Description: Front Yard
- Lot Size Acres: 0.2
- Lot Size Dimensions: 8700
- Lot Size Square Feet: 8712
Garage and Parking
- Parking Features: Driveway
- Parking Total: 4
Home Features
- View: City
- Green Energy Efficient: Appliances, Construction, Insulation
- Security Features: Security Service
School Information
- Elementary School: Hope-Hill
- High School: Midtown
- Middle School: David T Howard
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights
Other Property Info
- Annual Tax Amount: 11522
- Source Listing Status: Active
- County: Fulton - GA
- Directions: GPS perfect
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Parcel Number: 14 004700050167
- Postal Code Plus 4: 2665
- Property Subtype: Townhouse
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 5001
- Year Built: 1920
- Above Grade Finished Area: 2815
- BelowGradeFinishedArea: 1458
- Below Grade Unfinished Area: 728
- Common Walls: No Common Walls
- Construction Materials: Brick 4 Sides
- Levels: Three Or More
- Property Age: 105
- Property Attached: Yes
- Property Condition: Updated/Remodeled
- Roof: Shingle
- House Style: Bungalow
Utilities
- Electric: 110 Volts, 220 Volts, 220 Volts in Workshop
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Water Source: Public
