1411 Stone Mill Trace,Stone Mountain, GA 30083
Stone Mountain, GA 30083
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.
Details
| MLS # | 10781249 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $5,046 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 83 |
| Listing Provided By | Foundation Partners Realty LLC | Fransau McDonald |
Features
| Car Port | Yes |
|---|---|
| Story(s) | 2 |
| Acreage | 0.02 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Electric |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport, Assigned, Detached |
Utilities
| Utilities | Other |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 2351 |
|---|---|
| Tax Year | 2021 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | DeKalb |
| Community Name | Stone Mill Village |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Stone Mill Village) | |
Price: $110,000 low | high Med: $0 On site: 83 low | high Med: | |
Market Activity 30083
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Learn More About This Property
| State | GA |
|---|---|
| County | DeKalb |
| City | Stone Mountain |
| Zip Code | 30083 |
| Area | DeKalb |
| Community Name | Stone Mill Village |
| School District | Stone Mountain |
| Elementary School | Stone Mountain |
| High School | Stone Mountain |
| Listing VS Median (in Stone Mill Village) | |
Price: $110,000 low | high Med: $0 On site: 83 low | high Med: | |
