$265,000
$260,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 05/06/2025
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ridgemere
MLS Listing ID 10477229
Sold Date 05/06/25
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1986
Annual Tax Amount $5,296
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 13068
Property Sub-Type Multi Family,Duplex
Property Description
This two-unit townhouse, strategically located within the city limits, offers an excellent blend of convenience, value, and long term earning potential. Whether you are an experienced real estate investor or someone looking to expand your portfolio with a promising multi-unit residential property, this townhouse represents a prime opportunity to generate consistent rental income and benefit from the area's continued growth. This Turnkey property has just been updated with new roof, HVAC units and updated plumbing works in the past 2 years. Each unit features 2 bedrooms, with a full bathroom on the top floor, and a half bath, kitchen, dining and family room on the main floor. The fenced backyard provides for privacy to a wooded lot. Each unit is designed to provide spacious living areas, modern amenities and a long term renters. The two units are currently occupied by long term tenants, and you can keep them or give them notice depending on your strategy.
Location
State GA
County Dekalb
Rooms
Basement None
Interior
Heating Central, Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned, Parking Pad
Garage Spaces 4.0
Community Features None
Utilities Available Underground Utilities
View Y/N No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Faces I-285 TO MEMORIAL DRIVE EXIT. GO OUTSIDE THE PERIMETER. RT ONTO ROCKBRIDGE. LEFT ON RIDGE AVENUE.LEFT ON RIDGE FOREST CIRCLE. LEFT ON RIDGE FOEST DRIVE. PROPERTY ON THE LEFT.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools Stone Mountain
Middle Schools Stone Mountain
High Schools Stone Mountain
Others
HOA Fee Include None
Tax ID 18 037 18 059
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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