260 Park Ridge Dr, Athens, GA 30605
MULTI_FAMILY - Athens, GA
- Added:
- Mar 13, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 8 at 8:06 pm
Property Features for 260 Park Ridge Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- o8944
- Size
- 1,768 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Description
- 88888
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 1
Listing agent Rich Xu License #377121 (706) 255-0316
Listing office Greater Athens Properties 575 N Harris Street, Athens, GA (706) 510-5189
Listing date Mar 13, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with two 2BR/1BA units provides immediate rental income
- Month‑to‑month leases offer flexibility to adjust rents
- New roof and one new HVAC system
- Large yard provides ample outdoor space
- Single‑level floor plans offer practical layouts
- Many upgrades completed in recent years
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $18.36 |
| − Vacancy | −$1.8k | −$1.01 |
| EGI | $30.7k | $17.35 |
| − OpEx | −$9.2k | −$5.20 |
| NOI | $21.5k | $12.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.340651
- Latitude
- 33.93406
