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Unique Triplex in O4W Neighborhood (Atlanta) 530 NE Parkway Dr 3 Unit Apartment Building $750,000 ($250,000/Unit) Atlanta, GA 30308



Investment Highlights
- Potential conversion to light commercial (retail or office) with the proper rezoning (Seller will not entertain any offers subject to rezoning)
- Great intown location, walkable to nearby parks, restaurants and more
- Street level walk-in units. Ideal for live/work and/or special needs if zoning allows
Executive Summary
Rare opportunity to acquire this 1920s-era retail building that was converted to residential use with three large two-bedroom/one-bath units in the heart of the popular Old Fourth Ward neighborhood. Two units feature 9-foot ceilings, while one unit features 10-foot ceilings.
All units will be vacant at the time of sale.
All units will be vacant at the time of sale.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-0047-0002-107-7 | Improvements Assessment | $87,160 |
| Land Assessment | $40,000 | Total Assessment | $127,160 |
Property Taxes
Parcel Number
14-0047-0002-107-7
Land Assessment
$40,000
Improvements Assessment
$87,160
Total Assessment
$127,160
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