GA
DeKalb
Stone Mountain
30083
4578 Sherrington Court
4578 Sherrington Court, Stone Mountain, GA 30083
Listing Type
single family
Listing Status
pending
13
$274,000

Home Details for 4578 Sherrington Court

Price
$274,000
Type
Residential
Bedrooms
5
Bathrooms
5.0
Square feet
1750
Year built
1970
Lot size acres
0.6
County
DeKalb
Garage
Basement
None
Days on site
28
MLS Listing#
10373122
Listing courtesy: Keller Williams Realty - 404-564-5560
Property Description

This Stone Mountain rental is ideal for the savvy investor. With furnished rooms and 4.5 bathrooms (2 en-suites) this home produces robust rental income compared to anything available on the market, while providing solid workforce housing. It grosses $4600 per month on average with some months averaging consistently above $6000. 0.3 miles to public transit on a major arterial, Redan Rd. Potential for 13% cap rate and 25%+ Cash-on-Cash ROI. FInancials and Proforma available upon request. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: SqFt of home is larger than the tax records state. Financing must be cash, hard money or one of our preferred lenders with PadSplit experience.

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Property Features
  • Utilities
    • Electricity Available
    • Water Available
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Other
  • Basement
    • None
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Median Listing Price
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Market statistics compiled from data from Georgia MLS.
EXIT INTEGRITY REALTY
4353 Atlanta Hwy Suite 500, Loganville, GA 30052
Office
470 545 3010
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