tomo logo

$725,000

Beds
4
Baths
4.0
sq ft
2,220

1724 Ridgeway Ave NW, Atlanta, GA 30318

1724 Ridgeway Ave NW

Atlanta, GA 30318

  • 16 days on market
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.

Details

Property type

Single Family Residence

Lot size

7,410 sq ft

Price per sq ft

$327

Year built

1930

Annual property taxes

$7,140

Price History

05/15/2024
FMLS

FMLS #7377950

Listed
$725,000

Schools & Community

Neighborhood: 

Underwood Hills

Elementary school: 

E. Rivers

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Park, Playground, Tennis Court(s)

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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Status: Active

Tomo last checked: 05/16/2024 at 10:25 PM

Listing updated: 05/15/2024 at 10:55 AM

Listed by: Carina Levene, Keller Williams Buckhead Phone #: (404) 604-3800

MLS: FMLS #7377950

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