693 N Parkwood Rd

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare 4-sided Brick Multi Family property in an AMAZING Decatur Location! Fernbank School district, right off Ponce Ave. All 3 living units have been renovated, top to bottom. Sizable Kitchen’s w/ New Cabinets, Granite Countertops, SS appliances, & LVP Flooring throughout. New Water Heaters and HVAC Systems. Plenty of off-street parking for all units & guests. Turnkey, income producing property with room to increase rents. 3 separate leases total $5649.00 of monthly income with room to grow! This...Rare 4-sided Brick Multi Family property in an AMAZING Decatur Location! Fernbank School district, right off Ponce Ave. All 3 living units have been renovated, top to bottom. Sizable Kitchen’s w/ New Cabinets, Granite Countertops, SS appliances, & LVP Flooring throughout. New Water Heaters and HVAC Systems. Plenty of off-street parking for all units & guests. Turnkey, income producing property with room to increase rents. 3 separate leases total $5649.00 of monthly income with room to grow! This property is perfect for a novice or experienced investor in a wonderful part of town.
  1. Listed by Zak Elfenbein • Engel & Volkers Atlanta

Property Details for 693 North Parkwood Road

Subdivision Complex
Druid Hills
Num Of Parking Spaces
8
Parking Features
Driveway, Parking Lot, Paved
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 08/29/2022 11:00 AM

Property Details for 693 North Parkwood Road

StatusClosed
MLS #7058288
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1953
Lot Size0.60 AC / 26,136 SF
CountyDeKalb County

Location

Listing Courtesy of Engel & Volkers Atlanta, Zak Elfenbein

Sold By Non FMLS Member, Non-Mls Nmls

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Building Information for 693 North Parkwood Road

Stories2Residences3Year Built1953Building Size-Lot Size0.60 AC / 26,136 SF

Payment Calculator

$5,259 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,877

Property Taxes

$1,382

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 693 North Parkwood Road

Summary
Location and General Information
  • Community Features: None
  • Directions: Please use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.313501, 33.77571
Taxes and HOA Information
  • Parcel Number: 15 244 04 007
  • Tax Year: 2021
  • Block: 0
  • Tax Legal Description: n/a
  • Tax Lot: 0
School Information
  • Elementary School: Fernbank
  • High School: Druid Hills
  • Middle School: Druid Hills
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $3,000.00
Interior and Exterior Features
Interior Features
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Separate Meters
  • Heating: Central
  • Basement: Bath Finished, Finished, Full
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: None
  • Roof Type: Composition
  • Security Features: Carbon Monoxide Detector(s)
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Proposed Financing: Cash, Conventional
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Updated/Remodeled
  • Possession: Other
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 244
  • Lot Features: Private
  • Acreage Source: Public Records
  • Lot Size Dimensions: 243 x 112
Multi Family
Multi-Family Information
  • Unit Count: 3
  • NUM OF UNITS: 3
Income & Expenses Information
  • Gross Annual Income: $67,788.00
  • N.O.I. $: $50,788.00
  • Annual Expenses: $17,000.00
Unit 1
  • Unit Deposit Amount: $1,650.00
  • Unit Electric Included: No
  • Unit Features: Dishwasher, Disposal, Dryer, Fire Alarm, Hardwood Floors, Patio, Range/Oven, Refrigerator, Smoke Alarm, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,650.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Deck, Dishwasher, Disposal, Dryer, Fire Alarm, Hardwood Floors, Range/Oven, Refrigerator, Smoke Alarm, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $2,100.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 3
Unit 3
  • Unit Deposit Amount: $1,899.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Deck, Dishwasher, Disposal, Dryer, Fire Alarm, Hardwood Floors, Patio, Range/Oven, Refrigerator, Smoke Alarm, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,899.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Terms: Cash
  • Occupant Types: Tenant

Property History for 693 North Parkwood Road

DateEvent & SourcePriceAppreciation
Aug 25, 2022

Sold (Public Record)

Public Record #1497959270

$770,000

+45.7% / yr

Aug 9, 2021

Sold (Public Record)

Public Record #1472013972

$520,000
Aug 9, 2021

Sold (Public Record)

Public Record #1472013972

$520,000
DateEvent & SourcePrice
08/25/2022

Sold (Public Record)

Public Record #1497959270

$770,000

+45.7% / yr

08/09/2021

Sold (Public Record)

Public Record #1472013972

$520,000
08/09/2021

Sold (Public Record)

Public Record #1472013972

$520,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 693 North Parkwood Road

Taxable ValueLand$112,600Additions$249,600Total$362,200
Tax Record2025$16,583 ($1,382 / month)
Home Facts
Baths3Total Finished SqFt1,784 SqFtAbove Grade Finished SqFt1,784 SqFtStories1Lot Size25,265 SqFtStyleTriplexYear Built1953ZoningR75CountyDEKALBAPN15 244 04 007Fireplace TypeHas Fireplace

Schools near 693 North Parkwood Road

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Fernbank Elementary School
PublicPK to 5

Druid Hills Middle School
Public6 to 8

Druid Hills High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Engel & Volkers Atlanta, Zak Elfenbein

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.