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Key Details
Sold Price $163,572
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10716833
Year Built 1985
Annual Tax Amount $3,700
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 02/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 7.70%.*** - Brand New roof was replaced- A charming 3-bedroom, 2-bathroom and 1,075 sq. ft. single-family that offers the perfect blend of comfort and convenience. This income-producing property offers strong rental potential in a well-established residential community with consistent tenant demand. Conveniently located near major corridors like I-285 and US-78, the home provides easy access to Downtown Atlanta, Decatur, and surrounding employment hubs. The Stone Mountain area is known for its affordability and steady rent growth, making it attractive for long-term investors. With nearby shopping centers, schools, and parks-including Stone Mountain Park-this property combines everyday convenience with lifestyle appeal, positioning it as a solid turnkey asset for stable cash flow and future appreciation.
Location
State GA
County Dekalb
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Garage
Community Features None
Utilities Available Electricity Individual Meters, Gas Individual Meters
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Panola Way
Middle Schools Miller Grove
High Schools Miller Grove
Others
Special Listing Condition Resale
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