1724 Ridgeway Avenue NW, Atlanta, GA 30318

$726,000 Asking Price

4 beds
4 baths
2,220  sqft
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 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.


Features & Amenities

Interior

General:
High Ceilings, Rear Stairs
Appliances:
Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
Laundry:
In Hall
Basement:
Crawl Space
Flooring:
Vinyl
A/C:
true, Central Air
Heating:
true, Natural Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Craftsman, Other
Parking:
Kitchen Level, Parking Pad, Parking spaces: 6

Construction

Roofing:
Composition
Windows:
Double Pane Windows
General:
Wood Siding, Two, Block

Location

HOA Amenities:
0.0
Originating MLS:
Georgia MLS 2
County:
Fulton

Lot

Zoning:
17 015200010199
View:
City, View

Utilities

Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available, 220 Volts, Electricity on Property
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Georgia MLS 2
Buyers Agent Compensation:
3 %

This listing courtesy of:
Keller Williams Rlty. Buckhead, Carina Levene

About Atlanta, GA

Housing

Number of Units
517,940
Median Home Value
$387,201
Median Rent
$1,151

54.70% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
52.29%
Public Transportation
6.55%
Walk to Work
2.19%
Work from Home
37.45%
Other
1.03%

The median travel time to work is 19 minutes.

People

Population
1,042,237
Median Age
36.10
Median Household Size
2.33

Education

High School
16.96%
Associate’s Degree
5.82%
Bachelor’s Degree
31.69%
Graduate Degree
24.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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