5293 Ridge Forest DR

Stone Mountain,GA 30083

$ 260000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Ridgemere

MLS Listing ID 10477229

Year Built 1986

Annual Tax Amount $5,296

Tax Year 2024

Lot Size 0.300 Acres

Property Sub-Type Multi Family,Duplex

Property Description

This two-unit townhouse, strategically located within the city limits, offers an excellent blend of convenience, value, and long term earning potential. Whether you are an experienced real estate investor or someone looking to expand your portfolio with a promising multi-unit residential property, this townhouse represents a prime opportunity to generate consistent rental income and benefit from the area's continued growth. This Turnkey property has just been updated with new roof, HVAC units and updated plumbing works in the past 2 years. Each unit features 2 bedrooms, with a full bathroom on the top floor, and a half bath, kitchen, dining and family room on the main floor. The fenced backyard provides for privacy to a wooded lot. Each unit is designed to provide spacious living areas, modern amenities and a long term renters. The two units are currently occupied by long term tenants, and you can keep them or give them notice depending on your strategy.

Location

State GA

County Dekalb

Interior

Heating Central,Forced Air

Cooling Central Air

Exterior

Parking Features Assigned,Parking Pad

Garage Spaces 4.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

New Construction No

Schools

Elementary Schools Stone Mountain

Middle Schools Stone Mountain

High Schools Stone Mountain

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Resale

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