5381 Ridgemere CT Active Save Request In-Person Tour Request Virtual Tour
Stone Mountain,GA 30083
Key Details
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ridgemere
MLS Listing ID 10587331
HOA Y/N No
Year Built 1986
Annual Tax Amount $5,953
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 9147.6
Property Sub-Type Multi Family,Duplex
Source Georgia MLS 2
Property Description
Income-producing duplex in Stone Mountain! Each side offers 2 bedrooms and 2 full bathrooms, creating a functional layout that appeals to a wide range of tenants. Operated under a co-living model, this property has generated up to $3,000-$4,000 in monthly income. The duplex is fully furnished and professionally managed, with management available to seamlessly transfer to the new owner, making this a truly turnkey investment opportunity. Both units feature brand-new HVAC systems, and additional square footage provides the potential to create space for another resident, further increasing future returns. Conveniently located near I-285, Hwy 78, Stone Mountain Park, and Stone Mountain Village with shops and restaurants, the property combines strong return potential and long-term growth...an ideal addition to any investor's portfolio
Location
State GA
County Dekalb
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Fireplaces Number 2
Fireplace Yes
Exterior
Parking Features Off Street
Garage Spaces 4.0
Community Features None
Utilities Available Other
View Y/N No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Faces From Memorial Dr. take Ridge Ave to Ridgemere Ct
Sewer Public Sewer
Water Public
Structure Type Brick
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 18 106
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA
Special Listing Condition Resale
Virtual Tour https://my.matterport.com/show/?m=JorYoZdf1Y4