$725,000
Pending

1724 Ridgeway Avenue NW

Atlanta, GA 30318
4 beds | 4 baths | 0.17 acres | #10367304
Browse 12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.

  • Interior Details
      • InteriorHigh Ceilings, Rear Stairs
    • Beds & Baths
      • Bedrooms4
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionPrivate
    • Measurements
      • Acres0.17
    • Parking
      • Parking Spaces6
  • Construction Details
      • StyleCraftsman
      • Property TypePurchase
    • Condition
      • Year Built1930
    • Material information
      • FoundationBlock
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Availabl
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionUnderwood Hills
    • Location
      • Elementary SchoolSmith Primary/Elementary
      • High SchoolNorth Atlanta
      • Middle SchoolSutton
      • CountyFulton
  • Financial Details
      • Taxes Annual$7,140
  • Other
      • MLS #10367304

Location

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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