1411 Stone Mill Trace, Stone Mountain, GA 30083
- $110,000
- List Price
- $110,000
- MLS#
- 7784606
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.022
- Subdivision
- Stone Mill Village
Property Description
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.
Additional Information
- Stories
- Two
- Construction
- Other
- Year Built
- 1974
- Neighborhood Amenities
- Homeowners Assoc
- Roof
- Shingle
- Parking
- Carport, Detached
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Stone Mountain
- Middle School
- Stone Mountain
- High School
- Stone Mountain
- Acres
- 0.02
- Dock
- None
- Levels
- Two
- Gross Income
- 19200
- Taxes
- $2,351
Listing courtesy of Foundation Partners Realty, LLC.
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