1150 Rankin Street Unit 7F, Stone Mountain, GA 30083
- $145,000
- 3
- BD
- 3
- BA
- 1,380
- SqFt
- List Price
- $145,000
- MLS#
- 7839288
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Condominium
- Bedrooms
- 3
- Bathrooms
- 3
- Square Footage
- 1,380
- Lot Size
- 0.02
- Subdivision
- Stone Mountain West
- Building Name
- Stone Mountain West
- Basement Description
- None
Property Description
INVESTOR OPPORTUNITY WITH ESTABLISHED LONG-TERM TENANT IN PLACE! This updated 3-bedroom, 2.5-bath townhouse-style condo in Stone Mountain West offers investors the opportunity to step into an income-producing property with fewer of the typical upfront hassles of acquiring a rental. An excellent long-term tenant is already in place with a lease through September 2027 and is responsible for all utilities. For a new owner, that means immediate rental income without the initial downtime, turnover expenses, make-ready costs and uncertainty of finding and placing a new tenant. Don't miss this excellent opportunity to grow or diversify your rental portfolio. The two-level floor plan features an updated kitchen and bathrooms, luxury vinyl plank flooring on the main level, generous living and dining spaces, and three bedrooms upstairs. The HOA recently replaced the roof, providing another important recent improvement. Association dues cover common-element maintenance including pest control, exterior painting, staining and cleaning, exterior window frames, and hallway-facing entry doors. Conveniently located near Downtown Stone Mountain shopping and dining, Stone Mountain Park, area schools, Highway 78 and I-285, with easy access throughout Metro Atlanta. Looking for the numbers? Contact the listing agent for current rental information, gross income, estimated NOI and additional investment details. TENANT OCCUPIED. SHOWINGS STRICTLY BY APPOINTMENT ONLY. Please respect the tenant's privacy and DO NOT DISTURB.
Additional Information
- Style
- Townhouse
- Stories
- Two
- Construction
- Other
- Year Built
- 1971
- Neighborhood Amenities
- Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Other
- Kitchen Features
- Cabinets White, Eat-in Kitchen, Stone Counters
- Interior
- Other
- Exterior
- Other
- Roof
- Asbestos Shingle, Composition
- Lot Dimensions
- x
- Parking
- Parking Lot
- Lot Desc
- Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Stone Mountain
- Middle School
- Stone Mountain
- High School
- Stone Mountain
- Acres
- 0.02
- Hoa Fee
- $375
- Hoa Freq
- Monthly
- Levels
- Two
- Unit
- 7F
- Taxes
- $3,782
Listing courtesy of Keller Williams Realty Peachtree Rd..
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