122 Park Ridge Ct, Athens, GA 30605

$288,000
4
BD
2
BA
1,768
SqFt

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List Price
$288,000
Price Change
▼ $10,000 1792000932
MLS#
CL366156
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Bedrooms
4
Bathrooms
2
Living Area
1,768
Lot Size
30,492

Property Description

Great Investment Opportunity – Single-Story Duplex with Strong Rental Potential! Excellent opportunity to own a single-story duplex in a desirable location! Each unit features 2 bedrooms and 1 bathroom, with identical, functional floor plans. Both units are currently tenant-occupied, providing immediate rental income. Rental Information: Unit 122: Currently rented for $800/month to a long-term tenant on a month-to-month lease. Rent has remained unchanged for an extended period, offering potential for future rental income growth. Unit 124: Currently rented for $1,050/month. The existing lease expires on January 31, 2027, and the tenant may wish to continue renting. Property Highlights: Total current rental income of $1,850/month ($22,200 annually). Roof replaced in 2025. Both A/C systems replaced in recent years. See Property Disclosure for additional details. Convenient location with excellent rental investment potential. Both units feature identical 2-bedroom, 1-bathroom layouts. Additional Investment Opportunity: An adjacent duplex with an identical floor plan is also available and may be purchased together, offering investors an excellent opportunity to expand their rental portfolio. Whether you're looking to start or grow your real estate investment portfolio, this property offers established rental income, recent major improvements, and potential for future rental growth. Don't miss this investment opportunity! Owner is a GA licensed real estate agent.

Additional Information

Year Built
1979
Acres
0.70

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Listing courtesy of Greater Athens Properties.