1421 Stone Mill Trace, Stone Mountain, GA 30083

$110,000

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List Price
$110,000
Status
ACTIVE
Days on Market
55
MLS#
7782475
Subtype
Residential Income
Year Built
1974
Lot Size
958
Acres
0.02
Subdivision
Stone Mill
Neighborhood
Stone Mill

Property Description

Cash-Flowing Investment Opportunity! Attention investors! This tenant-occupied condo offers immediate income and is an excellent addition to any rental portfolio. Featuring a roommate-friendly floor plan with 3 spacious bedrooms and full bathroom upstairs, this property is designed for strong rental appeal and long-term occupancy. The primary suite includes a walk-in closet and French doors opening to a charming Juliet balcony. Enjoy private fenced patios in both the front and rear of the unit, along with an attached exterior storage building and an assigned carport with an additional storage closet. Additional guest parking is available throughout the community. Recent improvements include newer carpet, Pergo hardwood flooring, tile in wet areas, exterior paint, and a well-maintained HVAC system that was replaced approximately seven years ago. The community is professionally managed and located within the City of Tucker, offering convenient access to Stone Mountain Park, Downtown Tucker, Stone Mountain Village, I-285, and major employment centers throughout Metro Atlanta. This property is already tenant occupied and producing income, making it a true turnkey investment opportunity. Even better, it may be purchased individually or as part of a three-unit investment package that includes 1411, 1413, and 1421 Stone Mill Trace. Two of the three units are currently occupied and generating cash flow, creating an attractive opportunity for investors seeking immediate returns and portfolio growth. No rental restrictions. Rent roll and financial information available upon request.

Additional Information

Taxes
$2,746
Flooring
Carpet, Laminate
Heating
Forced Air
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Cedar, Wood Siding
Stories
Two
Levels
Two
Roof
Shingle
Parking
Carport, Detached
Elementary School
Stone Mountain
Middle School
Stone Mountain
High School
Stone Mountain
View
Other

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Calculator source: Real Geeks

Listing courtesy of Foundation Partners Realty, LLC.

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