Adriana Hagerman
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1150 Rankin Street, Unit F7, Stone Mountain, GA 30083

$145,000
  • 1150 Rankin Street, Unit F7, Stone Mountain, GA 30083 Main Photo

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New to the Market New
BEDS3 BATHS2 full 1 partial SQUARE FEET1,380 MLS#10848611
STATUSNew PROPERTY TYPEResidential - Condominium SUBDIVISIONStone Mountain West NEIGHBORHOODStone Mountain

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.

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.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.02 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,782
Year Built: 1971

Feature Descriptions

Amenities: Near Public Transport, Walk To Schools, Near Shopping
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
Flooring: Carpet, Laminate
Interior: Roommate Plan
Kitchen: Breakfast Area, Solid Surface Counters
Parking Notes: Off Street
Sewer: Public Sewer
Topography: Level
Water: Public

Local Schools

High School: Stone Mountain
Middle School: Stone Mountain
Elementary School: Stone Mountain

Listed By / Shown By

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

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Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 680.17 per month $322.71 Principal & Interest $315.17 Property Tax $42.29 Homeowner's Insurance

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