5381 Ridgemere CT Active Save Request In-Person Tour Request Virtual Tour
Stone Mountain,GA 30083
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ridgemere
MLS Listing ID 7635134
Construction Status Resale
HOA Y/N No
Year Built 1986
Annual Tax Amount $5,953
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
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. Operated under a co-living model, this property has generated up to $3,000–$4,000 in monthly income. The duplex is fully furnished and professionally managed, with management available to seamlessly transfer to the new owner, making this a truly turnkey investment opportunity. Both units feature brand-new HVAC systems, and additional square footage provides the potential to create space for another resident, further increasing future returns. Conveniently located near I-285, Hwy 78, Stone Mountain Park, and Stone Mountain Village with shops and restaurants, the property combines strong return potential and long-term growth…an ideal addition to any investor's portfolio.
Location
State GA
County Dekalb
Area Ridgemere
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Luxury Vinyl
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Stone Mountain
Middle Schools Stone Mountain
High Schools Stone Mountain
Others
Senior Community no
Tax ID 18 037 18 106
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA