Quick Close!!! Investor Special - Fixer Upper Opportunity in Tucker! Welcome to 5011 Woodridge Way - a 2 bedroom, 2 bath, 1, 182 sq ft condo priced to sell and ready for renovation! This As-Is property is perfect for savvy investors looking to add value and capitalize on strong rental demand in the area. Located in a quiet, well-established community just minutes from I-285, this unit offers convenient access to downtown Tucker (5 mins), Northlake Mall (8 mins), and Emory University/CDC (20 mins). Enjoy easy commuting with Hartsfield-Jackson International Airport just 30 minutes away. Nearby you'll find a variety of local eateries, coffee shops, and parks, including Henderson Park and Stone Mountain Park. With rental comps in the area showing strong potential averaging $1860.00 per month, you could hold as a cash-flowing asset. However, this is an excellent opportunity to flip also as the condo community is FHA friendly. Whether you're looking to renovate and resell or create a long-term investment portfolio piece, this one has the location and potential to deliver. (No FHA. Cash or renovation loan only (Conventional) due to the condition of the condo)
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Full Bathrooms On Main Level: 2
Interior Features
- Roommate Plan
- Walk-In Closet(s)
- Flooring: Carpet, Laminate
Appliances
- Convection Oven
- Dishwasher
- Electric Water Heater
- Refrigerator
- Laundry Features: In Kitchen
Other Rooms
- Family Room, Laundry, Sun Room
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Heating Features: Electric, Natural Gas
- Heating: Yes
- Number of Fireplaces: 1
Land Info
- Lot Size Acres: 682.0
- Lot Size Square Feet: 29707920
Garage and Parking
- Parking Features: Assigned
Homeowners Association
- Association: Yes
- Association Fee: 3852
- Association Fee Frequency: Annually
- Association Fee Includes: Maintenance Structure, Maintenance Grounds, Swimming, Tennis
- Calculated Total Monthly Association Fees: 321
School Information
- Elementary School: Livsey
- High School: Tucker
- Middle School: Tucker
Amenities and Community Features
- Community Features: Gated, Pool, Tennis Court(s)
Other Property Info
- Annual Tax Amount: 3242.21
- Source Listing Status: Pending
- County: DeKalb
- Directions: GPS
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Woodridge
- Parcel Number: 18 291 08 087
- Subdivision: Woodridge
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1182
- Year Built: 1986
- Above Grade Finished Area: 1182
- Above Grade Finished Area Units: Square Feet
- Below Grade Sqft Area Units: Square Feet
- Building Area Total: 1182
- Building Area Units: Square Feet
- Construction Materials: Wood Siding
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 39
- Property Attached: Yes
- Property Condition: Fixer
- Structure Type: Mid Rise
- Architectural Style: Ranch
Utilities
- Electric On Property: Yes
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Water Source: Public