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1411 Stone Mill Trace, Stone Mountain, GA 30083

$110,000
  • 1411 Stone Mill Trace, Stone Mountain, GA 30083 Main Photo

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Active
BEDS0 BATHS MLS#7784606
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONStone Mill Village SCHOOLStone Mountain - Stone Mountain

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.

1411 Stone Mill Trace | MLS# 7784606

This multi-family property located at 1411 Stone Mill Trace, Stone Mountain, GA 30083 is currently listed for sale with an asking price of $110,000. Stone Mill Trace is located within the Stone Mountain - Stone Mountain school district. Search Stone Mountain real estate on rollinstapp.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
Heating: Electric
Lot Size: 0.02 Acres
Roof Type: Shingle
Taxes: $2,351
Year Built: 1974

Feature Descriptions

Days on Site: 16
Neighborhood Amenities: Homeowners Assoc
Parking Notes: Carport, Detached
Parking Total: 1
Security: Carbon Monoxide Detector(s)
Sewer: Public Sewer
Water: Public

Local Schools

High School: Stone Mountain
Middle School: Stone Mountain
Elementary School: Stone Mountain
School District: Stone Mountain - Stone Mountain

Listed By / Shown By

Listed By

Agency Name: Foundation Partners Realty, LLC
Agency Phone: 404-328-6034

Shown By

Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: FMLS

Estimate Your Payment

Estimated Payment

$ 472.81 per month $244.81 Principal & Interest $195.92 Property Tax $32.08 Homeowner's Insurance

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