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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