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$110,000
Listing Price3beds
1.5baths
1,152sqft
436sqft lot
1411 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! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 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 in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.
Interior Details
1152
3
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
$922
$3,200
$11,040
--%
$14,240
2019
$963
$3,200
$12,000
--%
$15,200
2017
$970
$3,200
$12,000
--%
$15,200
2017
$970
$3,200
$16,760
--%
$19,960
2016
$583
$880
$5,520
--%
$6,400
2014
$566
$880
$7,360
--%
$8,240
2013
$567
$880
$5,000
--%
$5,880
2012
$567
$880
$5,000
--%
$5,880
Average Home Price in 30083
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