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.
Listed By
Agency Name: Keller Williams Realty PeachtreeRoad
Agency Phone: 404-419-3500
Shown By
Agent Name: Adriana Hagerman
Agent Phone: Cell: (678) 675-9035
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 680.17 per month $322.71 Principal & Interest $315.17 Property Tax $42.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1150 Rankin Street, Unit F7 | MLS# 10848611
This condo located at 1150 Rankin Street, Unit F7, Stone Mountain, GA 30083 is currently listed for sale with an asking price of $145,000. This property was built in 1971 and has 3 bedrooms and 2 full and 1 partial baths with 1380 sq. ft. Rankin Street, Unit F7 is located in the Stone Mountain West subdivision. Search Stone Mountain West real estate on www.adrianahagerman.com today.