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494 Parkway DR NE Atlanta, GA 30308
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Key Details
Sold Price $865,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Old Fourth Ward
MLS Listing ID 7434897
Sold Date 09/06/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1928
Annual Tax Amount $12,685
Tax Year 2023
Lot Size 8,006 Sqft
Acres 0.1838
Property Description
If you’ve been looking for a solid investment in one of Atlanta’s most sought-after areas, 494 Parkway is it. Step into a piece of Atlanta history with this classic 1928 duplex in the vibrant Old Fourth Ward. Each unit offers 1800 sq ft of light-filled space with 2 living rooms, a separate dining room, 3 generous bedrooms, and 2 full baths. Location is key, and this property delivers. You’ll be just moments away from Ponce City Market, Central Park, and the Old Fourth Ward Park and Playground. This neighborhood is not only full of life but also holds strong potential for future appreciation. Whether you’re looking to continue renting out both units as they are or considering a renovation to increase rental income, this property has flexibility. Perfect for a house hack, live in one unit while renting out the other to offset your mortgage. Don’t miss out on this rare find in one of Atlanta’s most desirable neighborhoods!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Hardwood
Window Features None
Exterior
Garage Driveway
Fence Back Yard
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 6
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 3 Sides,HardiPlank Type
New Construction No
Construction Status Resale
Schools
Elementary Schools Hope-Hill
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004700050076
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition None
Read Less
Bought with ERA Sunrise Realty
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