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600 Parkway Drive NE Atlanta, GA $ 3,500,000
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$ 3,500,000 Get more info
600 Parkway Drive NE
$ 3,500,000
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600 Parkway Drive NE

Atlanta, GA, 30308
$ 3,500,000
Bedrooms12 Baths12.0

Monthly Estimate*

$ 23,262

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Multi-Family Home for sale in Atlanta, GA

for $3,500,000 with 12 bedrooms and 12 full baths. This home was built in 1930 on a lot size of 0.3444.

Irreplaceable 12-unit asset situated between Ponce City Market and The Fox Theater. All units currently rented out, 10 of which were renovated. Easy Cash Flow with long term rental growth in this ideal intown location. MARTA, Restaurants, Shopping, Fourth Ward Park & so much more are just minutes away! 12 varying opportunities ranging from 1-3 bed and 1-2 bath, all currently hosting tenants. Perfect for residential investment, land play for possible future assemblage, high rise opportunity, or buy, hold, and wait for future land plan or redevelopment.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 14,609

Style

Lot Size

0.3444

Year Built

1930

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7386578
Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Security Features None
Construction Materials Brick 4 Sides
Year Built 1930
View Other
Levels Two
Property SubType Other
Tax Year 2023
Gross Income 296592
Waterfront Features N
Community Features None
Accessibility Accessible Entrance Accessible Hallway(s)
County Fulton - GA
Net Operating Income 255258
Operating Expense 41334
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Old Fourth Ward
Green Energy Generation None
Status Active
Directions Located on the traffic light corner of North Avenue and Parkway Drive or GPS. You can Park on Parkway Street or Turn into complex off of North Ave and park in back parking lot.
High School Midtown
City Atlanta
Body of Water None
Total Units 12
Street Name Parkway
Elementary School Hope-Hill
Property Attached Y/N No
Tax Annual Amount 14609
Home Warranty Y/N No
Middle/Junior High School David T Howard
Property Condition Resale
Days on Market 2
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Cap Rate 7
Legal Description N/A
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Exterior
Fencing Fenced
Parking Features Parking Lot
Lot Features Level
Water Source Public
Lot Dimensions 0
Lot Size Acres 0.3444
Lot Size Source Owner
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Interior
Window Features None
Street Suffix Drive
Total Baths 0
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Internal Only
Street Number 1 600
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* Excluded Features
List By
Minesh Patel

Listing Agent

Bhgre Metro Brokers

Broker

minesh.patel@metrobrokers.com

Email

Affordability Calculator

$24,480
Per Month
95%
5%
0%
Monthly Principal & Interest
$23,262
Monthly Property Taxes
$1,217
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3416101 Elementary School
3416107 Middle School
Midtown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$3,500,000 Listed Price

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600 Parkway Drive NE, Atlanta, GA, 30308 is a Multi-Family Home for sale at $3,500,000 with a lot size of 0.3444. 600 Parkway Drive NE has 12 bedrooms, 12.0 baths, and was built in 1930. The property's zip code is 30308 which is in Atlanta, GA

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