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1783 Ridgewood Dr Atlanta, GA 30307

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For Sale
$875,000

Two buildings on one parcel, walking distance to Emory.

Lot size:
0.79 Acres

Property Features for 1783 Ridgewood Dr

General Information

Standard status
Active
Lot size
0.79 Acres

Building Details

Year built
1948

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Listing Contact
Andy Lundsberg
Andy Lundsberg
Source: Exitrealty

Listing Agency: Bull Realty, Inc. Listing Agent: Andy Lundsberg

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multifamily Property Near Emory University

This multifamily property, located within walking distance of Emory University, presents a rare opportunity. The property includes two buildings situated on a single large parcel. The original home contains two units: a large 2-bedroom, 1-bath unit with a den on the main level, and a 2-bedroom, 1-bath unit on the lower level. The main level unit features in-unit laundry and a private deck, while the lower level unit has access to shared laundry in the basement. Both units in the original home are equipped with central HVAC. The rear building offers spacious 1-bedroom, 1-bath units on each level, both of which have window heat and air. All units are in average condition and currently have below-market rents. There is significant potential for a new owner to increase rents through cosmetic renovations as units turn over. The property includes off-street parking for 7 cars. All units have access to a shared outdoor patio space and laundry facilities located in the basement of the main house.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Atlanta
County
Cobb
State
Georgia
Longitude
-84.3163307
Latitude
33.7858299

FAQs

What type of property is this?
Multifamily property - Two buildings on one parcel, walking distance to Emory.
Where is this multifamily property located?
The property is located at 1783 Ridgewood Dr Atlanta, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: - Walking distance to Emory University; - Multifamily property with two buildings on one large parcel; - Significant upside potential to increase rents through cosmetic renovations
More about this property
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