5374 Cherry Wood Drive, Stone Mountain, GA 30083
- $104,999
- 2
- BD
- 2
- BA
- 1,097
- SqFt
- List Price
- $104,999
- MLS#
- 7765713
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 2
- Square Footage
- 1,097
- Lot Size
- 0.08
- Subdivision
- Ridge Forest Ph 02b
- Basement Description
- None
Property Description
Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.
Additional Information
- Style
- Ranch
- Stories
- One
- Construction
- Brick, Other
- Year Built
- 1986
- Neighborhood Amenities
- None
- Kitchen Features
- None
- Interior
- Other
- Exterior
- None
- Roof
- Composition
- Lot Dimensions
- 110 x 30
- Parking
- Driveway
- Lot Desc
- Back Yard
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Stone Mountain
- Middle School
- Stone Mountain
- High School
- Stone Mountain
- Acres
- 0.08
- Dock
- None
- Levels
- One
- Taxes
- $4,980
Listing courtesy of EXP Realty, LLC..
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