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$120,000
Listing Price2beds
1.5baths
1,152sqft
436sqft lot
1413 Stone Mill Trce, Stone Mountain, GA 30083
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Pending
Off Market
Home type
Price / sqft
Year built
Home Details
Investor Opportunity! Occupied and Ready for Immediate Income Production! This 2-bedroom, 1.5-bath condominium presents an excellent opportunity for investors seeking a value-add asset with strong rental potential. The functional floor plan offers spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area ideal for tenant enjoyment. Currently vacant, this unit is projected to achieve close to $1,675 per month in market rent and offers flexibility for traditional leasing or placement of a housing voucher tenant. HOA dues include exterior maintenance, landscaping, and water/sewer, helping reduce ownership responsibilities and simplify management. 1413 Stone Mill Trace is also part of a rare 3-unit investment package that includes 1411 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio with both immediate cash flow and upside potential. Rent roll, lease information, and financials are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Whether purchased individually or as part of the portfolio package, this property offers an attractive opportunity for investors looking to build wealth through real estate.
Interior Details
1152
2
1.5
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
436
No
No
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
1
No
No
No
No
Yes
No
No
Construction Details
Condo/apartment
Wood
N/A
Gable/hip
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$500
$3,283
$13,997
--%
$17,280
2019
$1,054
$3,283
$13,997
--%
$17,280
2017
$1,180
$3,200
$14,080
--%
$17,280
2017
$1,180
$3,194
$16,766
--%
$19,960
2016
$735
$880
$8,960
--%
$9,840
2014
$673
$880
$7,360
--%
$8,240
2013
$567
$880
$5,000
--%
$5,880
2012
$0
$880
$5,000
--%
$5,880
Average Home Price in 30083
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