1724 Ridgeway Avenue NW, Atlanta, GA 30318

$725,000
4
BD
4
BA
2,220
SqFt
List Price
$725,000
MLS#
10289777
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
4
Square Footage
2,220
Square Footage Source
Public Records
Lot Size
0.17
Subdivision
Underwood Hills
Basement
Yes

Property 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 and has a newer kitchen, new floors , fresh paint. Unit B has recently been renovated and offers a brand new kitchen, new baths, new floors ,new paint and is currently vacant. Over 110K spent on renovations within the last 4 years and much more spent before that. 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 with this intown RARE 7 % cap! This home is priced to sell!! Tax records are incorrect.

Additional Information

Style
Craftsman, Other
Stories
2 Stories
Year Built
1930
Parking
Kitchen Level, Parking Pad
Sewer
Public Sewer
Elementary School
Rivers
High School
North Atlanta
Acres
0.17
Levels
Two

Listing courtesy of Keller Williams Rlty. Buckhead.

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