1724 Ridgeway Avenue NW Atlanta GA 30318 MLS #7377950

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.
Listing Provided Courtesy of Keller Williams Buckhead

Property Details

Price:
$726,000
MLS #:
7377950
Status:
Active
Beds:
4
Baths:
4
Address:
1724 Ridgeway Avenue NW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Underwood Hills
City:
Atlanta
Listed Date:
Apr 27, 2024
State:
GA
Finished Sq Ft:
2,220
ZIP:
30318
Year Built:
1930

Schools

Elementary School:
E. Rivers
Middle School:
Willis A. Sutton
High School:
North Atlanta

Interior

Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Natural Gas
Laundry Features
Main Level

Exterior

Architectural Style
Craftsman, Other
Community Features
Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/ Greenway, Park, Playground, Tennis Court(s)
Construction Materials
Hardi Plank Type
Exterior Features
Private Yard, Rear Stairs
Other Structures
None
Parking Features
Driveway, Kitchen Level, Level Driveway, Parking Lot, Parking Pad
Parking Spots
6
Roof
Shingle

Financial

Tax Year
2023
Taxes
$7,140

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1724 Ridgeway Avenue NW
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