GA > Stone Mountain > Ridgemere
Stone Mountain, GA 30083,5381 Ridgemere CT
Stone Mountain, GA 30083,5381 Ridgemere CT,Video Tour
Stone Mountain, GA 30083,5381 Ridgemere CT
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$335,000
Est. payment /mo
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9,147 Sqft Lot
Active

5381 Ridgemere CT Stone Mountain, GA 30083

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Candice Mitchell

Candice Mitchell

+1(404) 660-9565

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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

Excellent 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. Currently generating $3,000-$4,000 in monthly net income through a co-living model, this property is fully furnished, professionally managed, and offers immediate cash flow. With residents in place and management available to seamlessly transfer to the new owner, this is a truly turnkey investment opportunity. Additional square footage provides the potential to create space for another resident, further increasing future returns. Conveniently located near I-285, Hwy 78, and Stone Mountain Park, the property combines high return and reliable cash flow with long-term growth potential...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

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Candice Mitchell

Agent | License ID: 366333

+1(404) 660-9565

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5381 Ridgemere CT