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5342 Ridgemere Court , Stone Mountain, GA 30083

$299,000
  • 5342 Ridgemere Court , Stone Mountain, GA 30083 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7823783
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRidgemere SCHOOLStone Mountain - Stone Mountain

Property Description

Investor opportunity in Stone Mountain with a brand new roof! 5342 Ridgemere features a duplex with two 2-bedroom, 1-bath units, offering functional layouts for strong rental demand. One unit is currently vacant, providing immediate upside for an investor to lease at market rent, while the other unit offers in-place income with Section-8 rent, guaranteed income! The vacant unit also creates a great opportunity for an owner-occupant to move in while offsetting expenses with rental income. With strong demand and convenient access to major highways, shopping, and everyday amenities, this property is a solid addition to any rental portfolio. Showings available during due diligence.

5342 Ridgemere Court | MLS# 7823783

This multi-family property located at 5342 Ridgemere Court , Stone Mountain, GA 30083 is currently listed for sale with an asking price of $299,000. Ridgemere Court is located within the Stone Mountain - Stone Mountain school district. Search Stone Mountain real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Forced Air, Natural Gas
Lot Size: 0.34 Acres
Roof Type: Composition
Taxes: $6,400
Year Built: 1986

Feature Descriptions

Days on Site: 2
Exterior: Brick
Lot: Cul-De-Sac, Private
Lot Dimensions: 132 x 85
Neighborhood Amenities: Park, Street Lights, Other
Parking Notes: Driveway, Level Driveway, Varies by Unit
Parking Total: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Stone Mountain
Middle School: Stone Mountain
Elementary School: Stone Mountain
School District: Stone Mountain - Stone Mountain

Listed By / Shown By

Listed By

Agency Name: Cornerstone Real Estate Partners, LLC
Agency Phone: 494-490-2063

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

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Source: FMLS

Estimate Your Payment

Estimated Payment

$ 1,285.99 per month $665.44 Principal & Interest $533.33 Property Tax $87.21 Homeowner's Insurance

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