Pending
1724 Ridgeway Avenue NW
Atlanta GA, 30318
$725,000
$326.58 per sqft
Pending
4 Beds
4 Baths
2,220 sqft
Residential
Built in 1930
ATTENTION INVESTORS ! Here is a rare opportunity to obtain a spectacular renovated income producing, intown property for less than 800K! This Underwood Hills charming, duplex offers two bedrooms, two FULL baths EACH side with a delightful rocking chair covered front porch and a private back porch. Walk to Underwood Hills Park ,grocery restaurants and shops. The hustling and bustling hot Upper Westside offers The Works, The Interlock, Westside Provisions, Top Golf, Westside Park and Quarry which offers an amazing 280 acres which is the largest greenspace in the city ! Unit A has a long term tenant that has a newly signed a one year lease at 2600 . Unit B has recently been renovated and offers a new kitchen, new baths, new floors ,new paint and is currently vacant. Rent comps for condition and location for unit B would be an average of 2850 per month for a yearly lease.. Air B&B one side and long term rent the other !The possibilities are endless with this unbelievable location with well known schools and superior accessibility to create a once in a lifetime opportunity to build wealth and equity! Take advantage of this EXTREMELY RARE intown opportunity to have a rate of return of a 7% cap ! This property is priced to sell !! Tax records are incorrect with number of baths.
7446820
MLSⓇ ID
August 29, 2024
Listed
September 17, 2024
Updated
Map
1724 Ridgeway Avenue NW
Atlanta GA, 30318
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Interior Features
High Ceilings 9 ft Lower
Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
Laundry Description
Main Level
Floor Description
Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Private Yard, Rear Stairs
Lot Features
Back Yard
Architectual Style
Craftsman
Roof
Shingle
Sewer
Public Sewer
School Information
High School
North Atlanta
Elementary School
Sarah Rawson Smith
Other Property Details
Taxes
$7,140
Tax Frequency
Annually
Garage
No
Parking
Driveway
Parking Total
6
View
Yes
View Description
Other
County
Fulton - GA
Water Source
Public
Pool
No
Pool Features
None
Green Building Features
Green Features
None
Listed by Carina Levene with Keller Williams Buckhead 404-604-3800
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Data last updated 5:18 PM UTC, 9/17/2024