$875,000
For Sale

1783 Ridgewood Drive

Atlanta, GA 30307
Browse 2 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Rare multifamily opportunity within walking distance to Emory University. The property features two buildings on one large parcel. The original home has two units with a large 2 bed/1 bath + den unit on the main level and a 2 bedrooms/ 1 bath unit on the lower level. The main level unit has in-unit laundry and a private deck. The lower level unit has access to shared laundry in the basement. Both units have central HVAC.
The rear building features spacious 1 bed/1 bath units on each level. Both units have window heat/air.
All units are in average condition with below market rents. Significant upside for a new owner as units turnover to increase rents with some cosmetic renovations. The property has off-street parking for 7 cars. All units have access to shared outdoor patio space and laundry in the basement of the main house.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Sewer Available, Water Available
      • Elementary SchoolWestchester/Fifth Avenue
      • Property ConditionUpdated/Remodeled
      • Property TypeMulti-Family
      • ViewTrees/Woods
      • Parking FeaturesSee Remarks
      • Middle SchoolBeacon Hill
      • High SchoolDruid Hills
      • CountyDekalb - GA
      • Property SubtypeQuadruplex
      • Original List Price$875,000
      • Taxes Annual$10,333
      • MLS #7519846
      • MLS #7519846
      • Lot DescriptionSloped
      • Utility SourcePublic
      • Cost875000
      • Sewer InformationOther
      • Acres0.79
      • Year Built1948
      • SubdivisionNONE

Location

Joanna Myles | REAL Broker LLCReal Broker LLC

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6.0%

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