GA
DeKalb
Stone Mountain
30083
1411 Stone Mill Trace
1411 Stone Mill Trace, Stone Mountain, GA 30083
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Listing Type
Single Family
Listing Status
Active
3
$110,000

Home Details for 1411 Stone Mill Trace

Price
$110,000
Type
Residential Income
Year built
1974
Lot size acres
0.022
County
DeKalb
Basement
None
MLS Listing#
10781249
Hoa
5046
Property 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.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Window Unit(s)
  • Parking
    • Assigned
    • Carport
    • Detached
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Utilities
    • Other
  • Basement
    • None
School Information
School Information for 1411 Stone Mill Trace, Stone Mountain, GA 30083
Elementary School
Stone Mountain
Middle School
Stone Mountain
High School
Stone Mountain
Listing Courtesy: Foundation Partners Realty LLC - 404-328-6034
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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